Analyst downgrades typically lead to a short-term negative reaction in the stock price as they suggest a less optimistic view of the company's future performance. However, since the downgrade is to Equal-Weight and not to Underweight, and the price target suggests a neutral stance, the impact may be moderate. The confidence level is high due to the direct correlation between analyst ratings and stock price movements, but not at the maximum because market conditions and other factors could also influence the stock's performance.