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This American Express Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Benzinga ·  Aug 21 21:45

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Wells Fargo analyst Gabe Hajde downgraded the rating for Sonoco Products Company (NYSE:SON) from Equal-Weight to Underweight and lowered the price target from $54 to $52. Sonoco shares fell 0.5% to close at $50.57 on Tuesday. See how other analysts view this stock.
  • B. Riley Securities analyst Jeff Van Sinderen downgraded Iteris, Inc. (NASDAQ:ITI) from Buy to Neutral and slashed the price target from $8 to $7.2. Iteris shares gained 0.4% to close at $7.06 on Tuesday. See how other analysts view this stock.
  • B of A Securities analyst Kenneth Bruce downgraded American Express Company (NYSE:AXP) from Buy to Neutral and maintained the price target of $263. American Express shares fell 0.4% to close at $253.08 on Tuesday. See how other analysts view this stock.
  • Truist Securities analyst Michael Ciarmoli downgraded the rating for Triumph Group, Inc. (NYSE:TGI) from Buy to Hold, while cutting the price target from $17 to $15. Triumph shares fell 1.9% to settle at $13.41 on Tuesday. See how other analysts view this stock.
  • TD Cowen analyst Boris Peaker downgraded the rating for Aadi Bioscience, Inc. (NASDAQ:AADI) from Buy to Hold. Aadi Bioscience shares gained 3.9% to close at $1.62 on Tuesday. See how other analysts view this stock.

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