1. Home
  2. Downgrades


Fisker Q4 Earnings Preview: Analyst Estimates, Dealer Model And Guidance In Focus

Electric vehicle (EV) company Fisker Inc (NYSE:FSR) reports fourth-quarter financial results after market close Thursday. Here is a look at key analyst estimates for the company and key items to watch in the earnings report. Earnings Estimates: Analysts expect Fisker to post fourth-quarter revenue of $310.8 million according to data from Benzinga Pro. The company […]

Enfusion Stock To Remain Range-Bound In 2024 Amid Stable Hedge Fund Market: Goldman Sachs Analyst Downgrades Stock

Goldman Sachs analyst Gabriela Borges downgraded Enfusion Inc (NYSE:ENFN) from Neutral to Sell and lowered the price target from $9 to $8. While the stock has already underperformed the NASDAQ by 54% over the last 12 months, the analyst expects the stock to be range-bound in 2024.  Street estimates reflect 10 points of acceleration in revenue over the next […]

SSR Mining Suspends Dividend, Retracts Guidance As 9 Workers Remain Missing In Turkey Gold Mine Landslide

Precious metals producer SSR Mining (NASDAQ:SSRM) on Tuesday retracted guidance, suspended dividend payments and stopped its share buyback plans two weeks after a landslide at its gold mine in Turkey left nine miners missing. Efforts to locate the missing workers have resumed after being suspended because of stability concerns, and six mine employees have been […]

C3.ai Q3 Earnings Preview: Earnings Estimates, Analysts Thoughts On Underwhelming Growth, Looking Ahead To C3 Transform

Enterprise application software company C3.ai Inc (NYSE:AI) reports third-quarter financial results after market close Wednesday. Here are the key earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect C3.ai to report third-quarter revenue of $76.15 million according to data from Benzinga Pro. The company reported revenue of $66.67 million […]

J.P Morgan Downgrades Domino’s Pizza, Eyes On UberEats Launch

J.P Morgan analyst John Ivankoe downgraded Domino’s Pizza Inc (NYSE:DPZ) to Neutral from Overweight, raising the forecast to $430 from $420. Domino’s registered global retail sales growth (excluding foreign currency impact) was 4.9% for the fourth quarter. Per the analyst, Domino’s has been an idiosyncratic improving top-line growth story in a broadly decelerating environment (mostly pricing-driven).  The stock has been […]

Why Is Healthcare Technologies ModivCare Stock Plummeting Today?

Thursday, ModivCare Inc (NASDAQ:MODV) reported a fourth quarter of 2023 revenue of $702.8 million, up 7.5% Y/Y, beating the consensus of $696.72 million. The revenue growth was driven by a 12.7% increase in total paid trips in the non-emergency medical transportation segment, partially offset by a 5.5% decrease in average monthly members.  The decrease in membership is related to […]

Allegion and Johnson Controls Downgraded: This Analyst Switches Stance Amid Market Challenges

Mizuho Securities analyst Brett Linzey downgraded both Allegion Plc (NYSE:ALLE) and Johnson Controls International Plc (NYSE:JCI) to Neutral (from Buy). The analyst raised the ALLE price target of $141 from $140 and maintained the JCI price target of $62. ALLE: This week, Allegion reported a fourth-quarter adj. EPS of $1.68, beating the consensus of $1.59, while sales of $897.40 million missed the consensus of $902.10 […]

Navigating Discover’s Merger With Capital One: Analyst Highlights Opportunities And Challenges Ahead

RBC Capital Markets analyst Jon G. Arfstrom downgraded Discover Financial Services (NYSE:DFS) to Sector Perform from Outperform at an increased price target of $140.00 (from $117). The move came after the company inked a merger deal to be acquired by Capital One Financial Corp (NYSE:COF). Per the terms, Discover shareholders will receive 1.0192 shares of Capital One for every share they hold, […]