This Coinbase Global Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

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.

Wells Fargo analyst Timur Braziler downgraded Columbia Banking System, Inc. COLB from Overweight to Equal-Weight and lowered the price target from $29 to $27. Columbia Banking System shares closed at $25.07 on Wednesday. See how other analysts view this stock.
Morgan Stanley analyst Erin Wright downgraded Molina Healthcare, Inc. MOH from Overweight to Equal-Weight and lowered the price target from $364 to $266. Molina Healthcare shares closed at $237.22 on Wednesday. See how other analysts view this stock.
Goldman Sachs analyst Christine Cho downgraded the rating for The Cheesecake Factory Incorporated CAKE from Buy to Neutral but raised the price target from $66 to $67. Cheesecake Factory shares closed at $64.14 on Wednesday. See how other analysts view this stock.
TD Cowen analyst Gautam Khanna downgraded Lockheed Martin Corporation LMT from Buy to Hold and cut the price target from $500 to $480. Lockheed Martin shares closed at $463.06 on Wednesday. See how other analysts view this stock.
HC Wainwright & Co. analyst Mike Colonnese downgraded the rating for Coinbase Global, Inc. COIN from Buy to Sell and slashed the price target from $305 to $300. Coinbase Global shares closed at $373.85 on Wednesday. See how other analysts view this stock.