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AAPL

Apple

$440.01 /

+1.21 (+0.28%)

, NVAX

Novavax

$185.03 /

+27.88 (+17.74%)

10:16
08/05/20
08/05
10:16
08/05/20
10:16

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Apple (AAPL) downgraded to Neutral from Buy at BofA with analyst Wamsi Mohan saying shares have experienced a rapid multiple expansion since June although 2021 estimates have largely been unchanged in that time. 2. Novavax (NVAX) downgraded to Sell from Neutral at Ladenburg with analyst Michael Higgins saying the vaccine induced "robust" immune responses against the spike protein that exceeded convalescent sera levels from patients infected with or recovering from COVID-19 infection; however, Novavax is one of the last companies in "Operation Warp Speed" to present its initial data and its current valuation overestimates the revenue and net profit opportunity. 3. Tyson Foods (TSN) downgraded to Neutral from Outperform at Credit Suisse with analyst Robert Moskow saygin he expects "another weak year ahead" for the two most important divisions of the company, Chicken and Prepared Foods, due to oversupplied conditions in the chicken industry and weak demand in the foodservice channel. 4. Eastman Chemical (EMN) downgraded to Neutral from Buy at BofA with analyst Matthew DeYoe citing valuation. 5. Willis Towers downgraded to Market Perform from Outperform at Raymond James with analyst Gregory Peters saying the company in Q2 reported 60 basis point of adjusted operating margin contraction compared with increases at peers Aon plc (AON) and Marsh & McLennan (MMC). This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

AAPL

Apple

$440.01 /

+1.21 (+0.28%)

NVAX

Novavax

$185.03 /

+27.88 (+17.74%)

TSN

Tyson Foods

$64.55 /

-0.58 (-0.89%)

EMN

Eastman Chemical

$71.88 /

+0.83 (+1.17%)

WLTW

Willis Towers Watson

$203.80 /

-0.45 (-0.22%)

  • 26

    Aug

AAPL Apple
$440.01 /

+1.21 (+0.28%)

08/05/20 Wells Fargo
Apple price target raised to $485 from $450 at Wells Fargo
08/05/20 Bernstein
2021 could be 'big year' for Apple iPhones, says Bernstein
08/05/20 BofA
BofA downgrades Apple to Neutral, ups price target to $470
08/05/20 BofA
Apple downgraded to Neutral from Buy at BofA
NVAX Novavax
$185.03 /

+27.88 (+17.74%)

08/05/20
Fly Intel: Top five analyst upgrades
08/05/20 B. Riley FBR
Novavax price target raised to $257 from $184 at B. Riley FBR
08/05/20 Cantor Fitzgerald
Novavax price target raised to $211 from $148 at Cantor Fitzgerald
08/05/20 JPMorgan
JPMorgan upgrades Novavax on potential 'best-in-class' COVID vaccine
TSN Tyson Foods
$64.55 /

-0.58 (-0.89%)

08/05/20 Credit Suisse
Tyson Foods downgraded to Neutral from Outperform at Credit Suisse
07/28/20 Seaport Global
Tyson Foods initiated with a Neutral at Seaport Global
06/10/20 Credit Suisse
Tyson Foods price target raised to $75 from $70 at Credit Suisse
06/04/20
Fly Intel: Top five analyst upgrades
EMN Eastman Chemical
$71.88 /

+0.83 (+1.17%)

08/05/20 Scotiabank
Scotiabank downgraded Eastman Chemical on valuation after outperformance
08/05/20 Deutsche Bank
Eastman Chemical price target raised to $80 from $70 at Deutsche Bank
08/05/20 BofA
Eastman Chemical downgraded to Neutral from Buy at BofA
08/05/20 BofA
Eastman Chemical downgraded to Neutral from Buy at BofA
WLTW Willis Towers Watson
$203.80 /

-0.45 (-0.22%)

08/05/20 Raymond James
Raymond James downgrades Willis Towers Watson with focus on merger
08/05/20 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
08/05/20 Raymond James
Willis Towers downgraded to Market Perform from Outperform at Raymond James
06/25/20 Jefferies
Aon plc price target raised to $225 from $214 at Jefferies

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