This Apple Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

Benzinga
2025.09.11 11:41
portai
I'm PortAI, I can summarize articles.

Top Wall Street analysts have downgraded several stocks. B of A's Ken Hoexter downgraded FedEx from Buy to Neutral, lowering the price target to $240. Lake Street's Mark Smith downgraded Potbelly from Buy to Hold, raising the target to $17.12. Hoexter also downgraded UPS from Neutral to Underperform with a target of $83. Phillip Securities' Helena Wang downgraded Apple from Neutral to Reduce, setting a target of $200. Truist's Michael Lewis downgraded Elme Communities from Buy to Hold, cutting the target to $2.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • B of A Securities analyst Ken Hoexter downgraded FedEx Corporation FDX from Buy to Neutral and cut the price target from $245 to $240. FedEx shares closed at $225.69 on Wednesday. See how other analysts view this stock.
  • Lake Street analyst Mark Smith downgraded Potbelly Corporation PBPB from Buy to Hold and raised the price target from $15 to $17.12. Potbelly shares closed at $16.98 on Wednesday. See how other analysts view this stock.
  • B of A Securities analyst Ken Hoexter downgraded the rating for United Parcel Service, Inc. UPS from Neutral to Underperform and cut the price target from $91 to $83. United Parcel Service shares closed at $83.85 on Wednesday. See how other analysts view this stock.
  • Phillip Securities analyst Helena Wang downgraded Apple Inc. AAPL from Neutral to Reduce and announced a $200 price target. Apple shares closed at $226.79 on Wednesday. See how other analysts view this stock.
  • Truist Securities analyst Michael Lewis downgraded the rating for Elme Communities ELME from Buy to Hold and cut the price target from $18 to $2. Elme shares closed at $17.10 on Wednesday. See how other analysts view this stock.

Considering buying AAPL stock? Here’s what analysts think:

Read This Next:

  • Adobe Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Photo via Shutterstock

Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.