A Look at Financial Institution Actions: Disney, Amphenol, Urstadt Biddle Properties, PBF Energy, SciPlay, UP Fintech, Noodles & Company
- May 20th, 2023
- 546 views
Several companies experienced downgrades and changes in price targets by various financial institutions. Here are the details:
The Walt Disney Company (NYSE: DIS) was downgraded from Outperform to Neutral, with the price target lowered from $125 to $103 at Macquarie. On Friday, $DIS closed at $91.35, reflecting a decrease of $2.41 (-2.57%).
Amphenol Corporation (NYSE: APH) also faced a downgrade from Outperform to Neutral, with the price target lowered from $91 to $77 at Credit Suisse. $APH closed at $75.80 on Friday, experiencing a decrease of $0.34 (-0.45%).
Urstadt Biddle Properties Inc. (NYSE: UBA) was downgraded from Overweight to Neutral at Piper Sandler. On Friday, $UBA closed at $19.80, showing a decrease of $0.30 (-1.49%).
PBF Energy Inc. (NYSE: PBF) was downgraded from Buy to Neutral at Mizuho. $PBF closed at $36.97 on Friday, reflecting a decrease of $0.84 (-2.22%).
Noodles & Company (Nasdaq: NDLS) faced a downgrade from Overweight to Equal-Weight at Stephens & Co. On Friday, $NDLS closed at $3.26, experiencing a decrease of $0.55 (-14.44%).
SciPlay Corporation (Nasdaq: SCPL) was downgraded from Buy to Hold, with the price target lowered from $21 to $20 at Deutsche Bank. $SCPL closed at $19.67 on Friday, showing a slight increase of $0.01 (+0.05%).
UP Fintech Holding Limited (Nasdaq: TIGR) received a downgrade from Buy to Hold, with the price target lowered from $6 to $2.45 at Daiwa Capital. On Friday, $TIGR closed at $2.40, experiencing an increase of $0.07 (+3.00%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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