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EXR

Extra Space Storage

$143.95 /

-1.19 (-0.82%)

, LITE

Lumentum

$66.50 /

-0.965 (-1.43%)

09:54
05/14/21
05/14
09:54
05/14/21
09:54

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Extra Space Storage (EXR) downgraded to Market Perform from Outperform at BMO Capital with analyst Juan Sanabria citing valuation for the downgrade with the stock up 24% in the past three months. 2. Lumentum (LITE) downgraded to Neutral from Overweight at JPMorgan with analyst Samik Chatterjee saying Lumentum can participate in the "robust" growth in Ttlecom optical components, as well as long-term growth opportunities in Automotive LiDAR, but in the meantime, the company faces headwinds in the near term from moderating 5G infrastructure-led demand in China as well as in the near to medium term from moderating growth opportunities in the 3D sensing markets for smartphones. 3. BioLife Solutions (BLFS) downgraded to Hold from Buy at Benchmark with analyst Robert Wasserman noting that other bioprocessing stocks have sold off this spring and citing relative valuation for his downgrade. 4. Aurora Cannabis (ACB) downgraded to Sell from Hold at Canaccord with analyst Matt Bottomley saying Aurora's Q3 earnings came in significantly behind estimates as the company's adult-use sales in Canada continue to fall at an accelerated pace. 5. Signify NV (SFFYF) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Daniela Costa saying she sees limited near-term catalysts. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

EXR

Extra Space Storage

$143.95 /

-1.19 (-0.82%)

LITE

Lumentum

$66.50 /

-0.965 (-1.43%)

BLFS

BioLife Solutions

$28.78 /

-0.65 (-2.21%)

ACB

Aurora Cannabis

$6.74 /

-0.62 (-8.43%)

SFFYF

Signify NV

$61.75 /

+ (+0.00%)

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EXR Extra Space Storage
$143.95 /

-1.19 (-0.82%)

05/14/21 BMO Capital
Extra Space Storage downgraded to Market Perform from Outperform at BMO Capital
03/30/21 KeyBanc
Extra Space Storage price target raised to $142 from $134 at KeyBanc
03/29/21 Wells Fargo
Extra Space Storage price target raised to $147 from $125 at Wells Fargo
03/05/21 Truist
Extra Space Storage price target raised to $137 from $125 at Truist
LITE Lumentum
$66.50 /

-0.965 (-1.43%)

05/14/21 JPMorgan
Lumentum resumed with Neutral from Overweight at JPMorgan
05/13/21
Fly Intel: Top five analyst downgrades
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
BLFS BioLife Solutions
$28.78 /

-0.65 (-2.21%)

05/14/21 Benchmark
BioLife Solutions downgraded to Hold from Buy at Benchmark
03/24/21 B. Riley
BioLife Solutions price target raised to $61 from $35.50 at B. Riley
03/23/21 Maxim
BioLife Solutions price target raised to $60 from $40 at Maxim
03/23/21 KeyBanc
BioLife Solutions price target raised to $50 from $40 at KeyBanc
ACB Aurora Cannabis
$6.74 /

-0.62 (-8.43%)

05/14/21 Canaccord
Aurora Cannabis downgraded to Sell from Hold at Canaccord
05/14/21 BMO Capital
Aurora Cannabis upgraded to Market Perform from Underperform at BMO Capital
05/14/21 BMO Capital
Aurora Cannabis upgraded to Market Perform from Underperform at BMO Capital
05/11/21 CIBC
Aurora Cannabis downgraded to Underperformer from Neutral at CIBC
SFFYF Signify NV
$61.75 /

+ (+0.00%)

05/13/21 Goldman Sachs
Signify NV downgraded to Buy from Conviction Buy at Goldman Sachs
05/05/21 ING Bank
Signify NV upgraded to Buy from Hold at ING Bank
04/07/21 Morgan Stanley
Signify NV price target raised to EUR 29 from EUR 28 at Morgan Stanley
10/26/20 Citi
Signify NV price target raised to EUR 40 at Citi

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