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Read Why Jefferies Downgraded This Athletic Apparel Retailer

By Shivani Kumaresan
July 11, 1:43 PM
Jefferies analyst Randal Konik downgraded Lululemon Athletica Inc (NASDAQ:LULU) to Underperform from Hold and reduced the price target to $200 from $375, implying…

LULU

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13 minute read
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Benzinga’s Top Ratings Upgrades, Downgrades For July 11, 2022

By Benzinga Insights
July 11, 11:53 AM
Upgrades

ABC

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5 Reasons Why This Analyst Downgraded Fastly

By Priya Nigam
July 11, 11:36 AM
There is lower visibility into Fastly Inc.’s (NYSE: FSLY) performance heading into the second half of the year, and execution risks appear elevated.

FSLY

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Why This Meta Platforms Analyst Is Turning Bearish

By Priya Nigam
July 11, 11:22 AM
Meta Platforms Inc.’s (NASDAQ: META) short-term fundamentals seem to be deteriorating, as the Menlo Park, California-based company invests in the metaverse while facing a slowdown in revenue growth, according to one analyst.

META

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Morgan Stanley Is Downgrading DigitalOcean, As Stock Falls Over 13%

By Priya Nigam
July 11, 11:01 AM
While DigitalOcean Holdings Inc’s (NYSE: DOCN) share price already reflects benefits from pricing increases, it does not reflect the various risks and exposures for the second half of the year, according to Morgan Stanley.

DOCN

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B of A Securities Downgrades Allegion to Underperform, Lowers Price Target to $110

By Benzinga Newsdesk
July 11, 10:18 AM
B of A Securities analyst Andrew Obin downgrades Allegion (NYSE:ALLE) from Neutral to Underperform and lowers the price target from $130 to $110.

ALLE

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Cowen & Co. Downgrades CytomX Therapeutics to Market Perform

By Benzinga Newsdesk
July 11, 9:58 AM
Cowen & Co. analyst Boris Peaker downgrades CytomX Therapeutics (NASDAQ:CTMX) from Outperform to Market Perform.

CTMX

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B. Riley Securities Downgrades First Foundation to Neutral, Lowers Price Target to $21

By Benzinga Newsdesk
July 11, 9:26 AM
B. Riley Securities analyst Steve Moss downgrades First Foundation (NASDAQ:FFWM) from Buy to Neutral and lowers the price target from $31 to $21.

FFWM

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Craig-Hallum Downgrades PLAYSTUDIOS to Hold

By Benzinga Newsdesk
July 11, 8:58 AM
Craig-Hallum analyst Ryan Sigdahl downgrades PLAYSTUDIOS (NASDAQ:MYPS) from Buy to Hold.

MYPS

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Wells Fargo Downgrades Civitas Resources to Equal-Weight, Lowers Price Target to $67

By Benzinga Newsdesk
July 11, 7:29 AM
Wells Fargo analyst Joseph McKay downgrades Civitas Resources (NYSE:CIVI) from Overweight to Equal-Weight and lowers the price target from $69 to $67.

CIVI

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