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What’s Going On With Walker & Dunlop Shares Today?

Walker & Dunlop, Inc. (NYSE:WD) shares are trading lower after Wedbush analyst Jay McCanless downgraded the stock to Neutral from Outperform and cut the price target to $95 (from $130). The analyst’s re-rating reflects the expectation that a higher for longer rate environment will again put pressure on transaction volumes this year. The analyst says that the rate of […]

Deckers Outdoor Faces Direct-To-Consumer Growth Slowdown, Analyst Downgrades Stock

Truist Securities analyst Joseph Civello downgraded Deckers Outdoor Corp (NYSE:DECK) stock to Hold from Buy and cut the price target to $864 from $983. The analyst wrote that Truist Card Data indicated HOKA’s Direct-to-Consumer (DTC) growth decelerated in mid-February and remained softer through March.  Consequently, the analyst lowered the segment growth forecast to 25% (to $190 million) […]

Airbnb Faces Growth Hurdles Despite Strong Consumer Preference, Analysts Warn

Airbnb Inc (NASDAQ:ABNB) shares are trading lower after Needham analyst Bernie McTernan downgraded the stock from Buy to Hold. The market has an overly optimistic view of Airbnb’s potential to leverage artificial intelligence (AI) to disrupt the global online travel agency (OTA) industry, McTernan says. The analyst projected first-quarter revenue and EPS of $2.05 billion and $0.73. Airbnb CEO Brian […]

Insurance Data Spooks Analyst Amid Industry Jitters, Arthur J. Gallagher Loses Favor

Truist Securities analyst Mark Hughes downgraded Arthur J. Gallagher & Co. (NYSE:AJG) to Hold from Buy and lowered the price target to $255 from $280. The re-rating is based on the recent industry data points (namely the E&S state results and MarketScout survey), expected to increase the potential for a sharper downshift in the P&C cycle, which would have a […]

Will Luminar Technologies Need To Raise $1B In Capital? This Bearish Analyst Answers

Shares of Luminar Technologies Inc (NASDAQ: LAZR) were tanking in early trading on Wednesday. Volume forecasts for the company have been reduced meaningfully to reflect model launch delays and lower expectations for vehicles adopting the LIDAR technology, according to BofA Securities. The Luminar Technologies Analyst: John Babcock downgraded the rating for Luminar Technologies from Neutral […]

Sensata Technologies Faces Challenges Navigating EV Headwinds, Goldman Sachs Analyst Warns

Goldman Sachs analyst Mark Delaney downgraded Sensata Technologies Holding Plc (NYSE:ST) to Neutral from Buy, lowering the price forecast to $36 from $44. Delaney projects slower near to intermediate-term revenue growth in its North American auto business tied to EVs due to weaker near-term EV sales and some traditional OEMs delaying certain EV launches.  Sensata has about 1.5X the content […]

Shock For ChargePoint – Analyst Downgrades Amid Sluggish EV Market And Rising Competition

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading lower after Goldman Sachs analyst Mark Delaney downgraded the stock to Sell (from Neutral) and cut the price target to $1.50 (from $2.00). The analyst’s bearish stance is due to expected slower growth in the number of EVs on the road in the U.S. and rising competition in EV charging. In particular, Delaney […]