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This Apple 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.

  • B of A Securities analyst Ken Hoexter downgraded FedEx Corporation FDX from Buy to Neutral and cut the price target from $245 to $240. FedEx shares closed at $225.69 on Wednesday. See how other analysts view this stock.
  • Lake Street analyst Mark Smith downgraded Potbelly Corporation PBPB from Buy to Hold and raised the price target from $15 to $17.12. Potbelly shares closed at $16.98 on Wednesday. See how other analysts view this stock.
  • B of A Securities analyst Ken Hoexter downgraded the rating for United Parcel Service, Inc. UPS from Neutral to Underperform and cut the price target from $91 to $83. United Parcel Service shares closed at $83.85 on Wednesday. See how other analysts view this stock.
  • Phillip Securities analyst Helena Wang downgraded Apple Inc. AAPL from Neutral to Reduce and announced a $200 price target. Apple shares closed at $226.79 on Wednesday. See how other analysts view this stock.
  • Truist Securities analyst Michael Lewis downgraded the rating for Elme Communities ELME from Buy to Hold and cut the price target from $18 to $2. Elme shares closed at $17.10 on Wednesday. See how other analysts view this stock.

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

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