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Wall Street Analysts Pull Back: UPS Loses Bullish Rating Among Thursday's Top Downgrades

MarketDash Editorial Team
3 days ago
Five major companies faced analyst downgrades on Thursday, with United Parcel Service losing its bullish rating from Wolfe Research. The cuts span logistics, materials, industrial, and biotech sectors as Wall Street reassesses its outlook heading into the new year.

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It was a tough day for several high-profile stocks as Wall Street analysts took a more cautious stance across multiple sectors. Five companies faced downgrades on Thursday, with shifts in sentiment ranging from logistics giants to biotech firms.

Here's what changed and where these stocks stand now.

The Downgrade Lineup

Canaccord Genuity analyst Edward Nash moved Ventyx Biosciences Inc. (VTYX) from Buy to Hold, trimming the price target from $16 down to $14. The biotech stock closed at $13.73 on Wednesday, trading just below the new target.

BMO Capital analyst Ketan Mamtora downgraded Potlatchdeltic Corp (PCH) from Outperform to Market Perform, slashing the price target from $51 to $45. The forestry and wood products company closed at $40.00 on Wednesday, sitting well below even the reduced target.

Baird analyst David Rodgers took Prologis Inc (PLD) from Outperform to Neutral, though he actually raised the price target slightly from $128 to $130. The logistics real estate giant closed at $126.90 on Wednesday, suggesting limited upside in Rodgers' view despite the higher target.

Piper Sandler analyst Alexander Potter downgraded BorgWarner Inc (BWA) from Overweight to Neutral, cutting the price target from $52 to $51. The automotive components supplier closed at $47.45 on Wednesday, leaving some room to the analyst's new target.

And in what might be the most notable move of the bunch, Wolfe Research analyst Scott Group downgraded United Parcel Service Inc (UPS) from Outperform to Peer Perform, pulling his bullish stance on the shipping giant. United Parcel Service shares closed at $105.41 on Thursday.

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Weekly insights + SMS (optional)

What It Means

These downgrades reflect shifting expectations as analysts recalibrate their outlooks. Some companies are simply facing tougher operating environments, while others may have already captured most of their upside potential. The mix of sectors suggests this isn't about one particular industry hitting headwinds, but rather a broader reassessment of valuations and prospects across the market.

For investors holding these stocks, the question now becomes whether Wall Street's cooling enthusiasm signals real trouble ahead or simply a natural pause after a strong run.

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Wall Street Analysts Pull Back: UPS Loses Bullish Rating Among Thursday's Top Downgrades

MarketDash Editorial Team
3 days ago
Five major companies faced analyst downgrades on Thursday, with United Parcel Service losing its bullish rating from Wolfe Research. The cuts span logistics, materials, industrial, and biotech sectors as Wall Street reassesses its outlook heading into the new year.

Get BorgWarner Alerts

Weekly insights + SMS alerts

It was a tough day for several high-profile stocks as Wall Street analysts took a more cautious stance across multiple sectors. Five companies faced downgrades on Thursday, with shifts in sentiment ranging from logistics giants to biotech firms.

Here's what changed and where these stocks stand now.

The Downgrade Lineup

Canaccord Genuity analyst Edward Nash moved Ventyx Biosciences Inc. (VTYX) from Buy to Hold, trimming the price target from $16 down to $14. The biotech stock closed at $13.73 on Wednesday, trading just below the new target.

BMO Capital analyst Ketan Mamtora downgraded Potlatchdeltic Corp (PCH) from Outperform to Market Perform, slashing the price target from $51 to $45. The forestry and wood products company closed at $40.00 on Wednesday, sitting well below even the reduced target.

Baird analyst David Rodgers took Prologis Inc (PLD) from Outperform to Neutral, though he actually raised the price target slightly from $128 to $130. The logistics real estate giant closed at $126.90 on Wednesday, suggesting limited upside in Rodgers' view despite the higher target.

Piper Sandler analyst Alexander Potter downgraded BorgWarner Inc (BWA) from Overweight to Neutral, cutting the price target from $52 to $51. The automotive components supplier closed at $47.45 on Wednesday, leaving some room to the analyst's new target.

And in what might be the most notable move of the bunch, Wolfe Research analyst Scott Group downgraded United Parcel Service Inc (UPS) from Outperform to Peer Perform, pulling his bullish stance on the shipping giant. United Parcel Service shares closed at $105.41 on Thursday.

Get BorgWarner Alerts

Weekly insights + SMS (optional)

What It Means

These downgrades reflect shifting expectations as analysts recalibrate their outlooks. Some companies are simply facing tougher operating environments, while others may have already captured most of their upside potential. The mix of sectors suggests this isn't about one particular industry hitting headwinds, but rather a broader reassessment of valuations and prospects across the market.

For investors holding these stocks, the question now becomes whether Wall Street's cooling enthusiasm signals real trouble ahead or simply a natural pause after a strong run.