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DE

Deere

$373.95 /

+0.2 (+0.05%)

, LITE

Lumentum

$68.19 /

-0.04 (-0.06%)

09:53
05/13/21
05/13
09:53
05/13/21
09:53

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Deere (DE) downgraded to Market Perform from Outperform at BMO Capital with analyst Joel Tiss saying the analyst views Deere as "less compelling" with the shares up nearly 40% this year and almost 350% over the past five years. 2. Lumentum (LITE) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Meta Marshall stating that its short term demand drivers are more challenged "in a sector that trades on short term drivers." 3. Athene Holding (ATH) downgraded to Neutral from Buy at UBS with analyst Brian Meredith citing the company's pending merger with Apollo (APO) which is expected to close in Q1 of 2022, noting that his increased price target also reflects the deal for Athene holders to receive a fixed ratio of 1.149 shares of Apollo. 4. Graybug Vision (GRAY) downgraded to Market Perform from Outperform at SVB Leerink and downgraded to Hold from Buy at Needham. 5. Soliton (SOLY) downgraded to Neutral from Overweight at Cantor Fitzgerald with analyst Louise Chen saying she does not see any additional bidders stepping in for Soliton since the company has already run a process for the deal. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

DE

Deere

$373.95 /

+0.2 (+0.05%)

LITE

Lumentum

$68.19 /

-0.04 (-0.06%)

ATH

Athene Holding

$61.40 /

+0.87 (+1.44%)

GRAY

Graybug Vision

$4.01 /

-0.09 (-2.20%)

SOLY

Soliton

$22.33 /

-0.06 (-0.27%)

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DE Deere
$373.95 /

+0.2 (+0.05%)

05/13/21 Baird
Deere price target raised to $425 from $375 at Baird
05/13/21 BMO Capital
Deere downgraded to Market Perform from Outperform at BMO Capital
05/12/21 Evercore ISI
Deere price target raised to $455 from $389 at Evercore ISI
04/13/21 Deutsche Bank
Deere price target raised to $402 from $360 at Deutsche Bank
LITE Lumentum
$68.19 /

-0.04 (-0.06%)

05/13/21 DA Davidson
Lumentum price target lowered to $95 from $110 at DA Davidson
05/13/21 Needham
Lumentum price target lowered to $87 from $123 at Needham
05/13/21 MKM Partners
Lumentum price target lowered to $86 from $116 at MKM Partners
05/13/21 Craig-Hallum
Lumentum price target lowered to $90 from $120 at Craig-Hallum
ATH Athene Holding
$61.40 /

+0.87 (+1.44%)

05/13/21 UBS
Athene Holding downgraded to Neutral from Buy at UBS
05/13/21 UBS
Athene Holding downgraded to Neutral from Buy at UBS
05/10/21 RBC Capital
Athene Holding price target raised to $60 from $55 at RBC Capital
04/14/21 Oppenheimer
Apollo Global upgraded to Outperform at Oppenheimer
GRAY Graybug Vision
$4.01 /

-0.09 (-2.20%)

05/13/21 Cantor Fitzgerald
Graybug Vision price target lowered to $6 from $14 at Cantor Fitzgerald
05/13/21 Needham
Graybug Vision downgraded to Hold from Buy at Needham
05/12/21 SVB Leerink
Graybug Vision downgraded to Market Perform from Outperform at SVB Leerink
05/12/21 Piper Sandler
Graybug Vision price target lowered to $4 from $10 at Piper Sandler
SOLY Soliton
$22.33 /

-0.06 (-0.27%)

05/13/21 Cantor Fitzgerald
Soliton downgraded to Neutral from Overweight at Cantor Fitzgerald
05/13/21 Cantor Fitzgerald
Soliton downgraded to Neutral from Overweight at Cantor Fitzgerald
05/11/21 Maxim
Soliton downgraded to Hold from Buy at Maxim
05/10/21 Maxim
Soliton downgraded to Hold from Buy at Maxim

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