Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Slack (WORK) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Keith Weiss saying while Slack saw an uptick in engagement amid the current work from home environment, he is increasingly concerned around Slack's ability to convert that customer interest into stronger billings. 2. Hexcel (HXL) downgraded to Market Perform from Outperform at BMO Capital with analyst John McNulty saying the severity of the aerospace downturn and "evisceration" of the wind business will result in a deeper decline and slower recovery of Hexcel's earnings. 3. Triumph Bancorp (TBK) downgraded to Outperform from Strong Buy at Raymond James and downgraded to Equal Weight from Overweight at Stephens. 4. Occidental Petroleum (OXY) downgraded to Hold from Buy at Truist with analyst Neal Dingmann saying he expects the company's Q3 guidance to fall short of its prior forecasts and the Street estimates due to "GoM shut-ins and limited U.S. onshore activity." 5. GSX Techedu (GSX) downgraded to Underperform from Neutral at Credit Suisse with analyst Alex Xie saying he sees competition in China's online education sector intensifying and believes GSX "no longer benefits from organic traffic growth." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.