This NVIDIA Analyst Is No Longer Bullish; Here Are Top Downgrades For Friday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have downgraded their ratings for Spirit Airlines (SAVE), NVIDIA Corporation (NVDA), and Frontier Group Holdings (ULCC). These downgrades have led to notable declines in the stock prices of these companies.
July 05, 2024 | 6:21 pm
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NEGATIVE IMPACT
New Street Research analyst Pierre Ferragu downgraded NVIDIA from Buy to Neutral, leading to a 0.5% decline in the stock price to $127.59.
The downgrade from Buy to Neutral by New Street Research has caused a slight decline in NVIDIA's stock price, suggesting a mildly negative short-term impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Raymond James analyst Savanthi Syth downgraded Spirit Airlines from Market Perform to Underperform, causing the stock to fall 8.5% to $3.31.
The downgrade from Market Perform to Underperform by a reputable analyst has led to a significant drop in Spirit Airlines' stock price, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Raymond James analyst Savanthi Syth downgraded Frontier Group Holdings from Market Perform to Underperform, resulting in a 5.7% drop in the stock price to $4.58.
The downgrade from Market Perform to Underperform by Raymond James has led to a significant decline in Frontier Group's stock price, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100