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RIO

Rio Tinto

$81.42 /

+0.34 (+0.42%)

, ARCT

Arcturus Therapeutics

$31.70 /

-3.34 (-9.53%)

09:53
06/21/21
06/21
09:53
06/21/21
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. Rio Tinto (RIO) downgraded to Sell from Neutral at UBS with analyst Myles Allsop saying Rio's current free cash flow and dividend returns are "not sustainable" with near-term risks rising for the commodities rally. 2. Arcturus Therapeutics (ARCT) downgraded to Underweight from Equal Weight at Barclays with analyst Gena Wang continuing to see high risk for the ARCT-021 Phase 3 trial based following the failure of CureVac's (CVAC) Covid-19 vaccine. 3. CAI International (CAI) downgraded to Market Perform from Outperform at William Blair with analyst Robert Napoli viewing the Mitsubishi HC Capital deal as a "solid outcome" for CAI investors. 4. TSMC (TSM) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Charlie Chan saying given its technology leadership and potential for promising 2022 and 2023 revenue growth, TSMC is now a consensus Overweight among investors, but he fears the stock is "potentially dead money in the next 12-18 months." 5. Sykes Enterprises (SYKE) downgraded to Neutral from Outperform at Baird with analyst David Koning saying with the shares near the $54 takeout price, the analyst does not see material upside from here. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

RIO

Rio Tinto

$81.42 /

+0.34 (+0.42%)

ARCT

Arcturus Therapeutics

$31.70 /

-3.34 (-9.53%)

CAI

CAI International

$55.89 /

-0.13 (-0.23%)

TSM

TSMC

$113.77 /

-2.1 (-1.81%)

SYKE

Sykes Enterprises

$53.59 /

+0.08 (+0.15%)

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    Dec

RIO Rio Tinto
$81.42 /

+0.34 (+0.42%)

06/21/21 UBS
Rio Tinto downgraded to Sell from Neutral at UBS
06/02/21 Roth Capital
Talon Metals initiated with a Buy at Roth Capital
05/26/21 Deutsche Bank
Rio Tinto price target raised to 6,200 GBp from 6,000 GBp at Deutsche Bank
05/17/21 Jefferies
Rio Tinto price target raised to $112 from $110 at Jefferies
ARCT Arcturus Therapeutics
$31.70 /

-3.34 (-9.53%)

06/21/21 Barclays
Arcturus Therapeutics downgraded to Underweight from Equal Weight at Barclays
06/18/21 Piper Sandler
CureVac data 'leaves the spot open' for Arcturus, says Piper Sandler
06/03/21 Baird
Arcturus Therapeutics transferred with Neutral at Baird
05/12/21 B. Riley
Arcturus Therapeutics price target lowered to $23 from $35 at B. Riley
CAI CAI International
$55.89 /

-0.13 (-0.23%)

06/21/21 William Blair
CAI International downgraded to Market Perform from Outperform at William Blair
06/18/21 B. Riley
CAI International downgraded to Neutral from Buy at B. Riley
06/09/21 B. Riley
CAI International transferred with Buy at B. Riley
03/26/21 B. Riley
CAI International price target raised to $60 from $50 at B. Riley Securities
TSM TSMC
$113.77 /

-2.1 (-1.81%)

06/21/21 Morgan Stanley
TSMC downgraded to Equal Weight from Overweight at Morgan Stanley
06/17/21 Deutsche Bank
TSMC named 'Catalyst Call: Buy Idea' at Deutsche Bank
05/18/21 New Street
New Street would be buyers of Tesla amid current selloff
04/21/21 Needham
Advanced Energy price target raised to $135 from $128 at Needham
SYKE Sykes Enterprises
$53.59 /

+0.08 (+0.15%)

06/21/21 Barrington
Sykes Enterprises downgraded to Market Perform from Outperform at Barrington
06/21/21 Baird
Sykes Enterprises downgraded to Neutral on takeout at Baird
06/21/21 Baird
Sykes Enterprises downgraded to Neutral from Outperform at Baird
06/18/21 Sidoti
Sykes Enterprises downgraded to Neutral from Buy at Sidoti

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