Ryder System Downgraded by Analyst Following Recent Acquisition
Wolfe Research downgraded Ryder System to Peer Perform on January 8, shortly after the company completed its acquisition of Truck Service Depot on January 5.
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Latest reporting and analysis tagged with stock downgrade.
Wolfe Research downgraded Ryder System to Peer Perform on January 8, shortly after the company completed its acquisition of Truck Service Depot on January 5.
Wolfe Research downgraded Kymera Therapeutics to Peer Perform on January 6, removing its $92 price target, while BTIG and Citigroup maintained Buy ratings. The stock had gained over 28% in three months, with Wall Street anticipating further growth.
BMO Capital downgraded Adobe to Market Perform, cutting its price target to $375, citing limited catalysts and rising competition from Canva among students and freelancers.
Mizuho analyst Vijay Rakesh downgraded Qualcomm from Outperform to Neutral on January 9, lowering price target to $175 and cutting revenue and earnings forecasts through FY28.
Coty sold its remaining stake in Wella to KKR for $750 million. Following CEO Sue Nabi's resignation, analysts from Evercore ISI and Grupo Santander downgraded the stock, citing leadership uncertainty.
BNP Paribas downgraded Unilever from Outperform to Neutral on Jan 8, 2026, with a $71 price target, citing cheap valuations. Jefferies kept its Underperform rating on Jan 7, raising its target to 4,100 GBp, noting earnings challenges. The stock is down 1.65% YTD.
Citizens downgraded Life360 to Market Perform on January 5, citing growth concerns. The same day, Life360 announced completing a $120M Nativo acquisition and surpassing 50M US MAU.