This Snap Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Author: Avi Kapoor | February 05, 2025 08:07am
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. (NYSE: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 (NYSE: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. (NYSE: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. (NYSE: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. (NYSE: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: