Analysts’ downgrades for Wednesday, August 14th:
Ambac Financial Group (NYSE:AMBC) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Axsome Therapeutics (NASDAQ:AXSM) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Avis Budget Group (NASDAQ:CAR) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Emerson Electric (NYSE:EMR) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating. JPMorgan Chase & Co. currently has $115.00 target price on the stock, down from their previous target price of $132.00.
L.B. Foster (NASDAQ:FSTR) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Hudson Pacific Properties (NYSE:HPP) was downgraded by analysts at Wolfe Research from an outperform rating to a peer perform rating.
Hershey (NYSE:HSY) was downgraded by analysts at Argus from a buy rating to a hold rating.
Haverty Furniture Companies (NYSE:HVT) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Hexcel (NYSE:HXL) was downgraded by analysts at Royal Bank of Canada from an outperform rating to a sector perform rating. The firm currently has $68.00 price target on the stock, down from their previous price target of $76.00.
IDEX (NYSE:IEX) was downgraded by analysts at Argus from a buy rating to a hold rating.
Intuit (NASDAQ:INTU) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating. Morgan Stanley currently has $685.00 price target on the stock, down from their previous price target of $750.00.
L3Harris Technologies (NYSE:LHX) was downgraded by analysts at Royal Bank of Canada from an outperform rating to a sector perform rating. They currently have $240.00 target price on the stock, down from their previous target price of $250.00.
Limbach (NASDAQ:LMB) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
Medtronic (NYSE:MDT) was downgraded by analysts at Stifel Nicolaus from a buy rating to a hold rating. They currently have $85.00 price target on the stock, down from their previous price target of $100.00.
Marinus Pharmaceuticals (NASDAQ:MRNS) was downgraded by analysts at LADENBURG THALM/SH SH from a buy rating to a neutral rating.
Ranpak (NYSE:PACK) was downgraded by analysts at Robert W. Baird from an outperform rating to a neutral rating. Robert W. Baird currently has $10.00 price target on the stock.
PulteGroup (NYSE:PHM) was downgraded by analysts at Wolfe Research from an outperform rating to a peer perform rating.
Acelyrin (NASDAQ:SLRN) was downgraded by analysts at HC Wainwright from a buy rating to a neutral rating. They currently have $6.00 price target on the stock, down from their previous price target of $18.00.
Tactile Systems Technology (NASDAQ:TCMD) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Valley National Bancorp (NASDAQ:VLY) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
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