This Snap Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Mizuho analyst Ben Chaiken downgraded the rating for Hilton Worldwide Holdings Inc. HLT from Outperform to Neutral but raised the price target from $243 to $263. Hilton Worldwide shares closed at $258.74 on Tuesday. See how other analysts view this stock.
  • Compass Point analyst Giuliano Bologna downgraded MGIC Investment Corporation MTG from Buy to Neutral and raised the price target from $24 to $27. MGIC Investment shares closed at $25.59 on Tuesday. See how other analysts view this stock.
  • Barclays analyst Henning Cosman downgraded Ferrari N.V. RACE from Overweight to Equal-Weight. Ferrari shares closed at $459.30 on Tuesday. See how other analysts view this stock.
  • Citigroup analyst Paul Lejuez downgraded the rating for Warby Parker Inc. WRBY from Neutral to Sell and raised the price target from $19 to $23. Warby Parker shares closed at $26.88 on Tuesday. See how other analysts view this stock.
  • Wells Fargo analyst Ken Gawrelski downgraded the rating for Snap Inc. SNAP from Overweight to Equal-Weight and lowered the price target from $15 to $11. Snap shares closed at $11.60 on Tuesday. See how other analysts view this stock.

Considering buying SNAP stock? Here’s what analysts think:

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