Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Lordstown Motors (RIDE) downgraded to Sell from Neutral at Goldman Sachs with analyst Mark Delaney saying the price target reflects the "competitive albeit growing" market for electric vehicles as well as the operational challenges that Lordstown is facing, including ramping production while facing supply chain and cash flow constraints. 2. Altice USA (ATUS) downgraded to Market Perform from Outperform at Raymond James and downgraded to Neutral from Outperform at Credit Suisse. 3. Summit Hotel Properties (INN) double downgraded to Underperform from Buy at BofA with analyst Shaun Kelley saying after having hosted a number of hotel companies at the firm's Global Real Estate Conference, he came away with a "slightly less bullish stance" on the lodging recovery, citing the impacts of the delta variant, delayed office reopenings, "soft" September commentary and less favorable leisure seasonality. 4. American Water (AWK) downgraded to Underperform from Neutral at BofA with analyst Julien Dumoulin-Smith saying American Water American Water has outperformed the S&P 500, XLU utilities and peer Essential Utilities (WTRG) by 10%-12% since July 1, and that there is limited total stock return potential and an unfavorable risk/reward profile. 5. Hyatt (H) downgraded to Underperform from Neutral at BofA with analyst Shaun Kelley citing the impacts of the delta variant, delayed office reopenings, "soft" September commentary, and less favorable leisure seasonality. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.