Analysts’ Downgrades for October, 29th (ACLS, AMAT, CL, CX, FJTSY, FWRD, LEG, LFC, LRCX, MHK)

Analysts’ downgrades for Monday, October 29th:

Axcelis Technologies (NASDAQ:ACLS) was downgraded by analysts at B. Riley from a buy rating to a neutral rating. They currently have $20.00 target price on the stock, down from their previous target price of $34.00.

Applied Materials (NASDAQ:AMAT) was downgraded by analysts at B. Riley from a buy rating to a neutral rating. They currently have $36.00 price target on the stock, down from their previous price target of $63.00.



Colgate-Palmolive (NYSE:CL) was downgraded by analysts at JPMorgan Chase & Co. from a neutral rating to an underweight rating. They currently have $54.00 price target on the stock, down from their previous price target of $61.00.

Cemex SAB de CV (NYSE:CX) was downgraded by analysts at Scotiabank from an outperform rating to a sector perform rating.

Fujitsu (OTCMKTS:FJTSY) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating.

Forward Air (NASDAQ:FWRD) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

Leggett & Platt (NYSE:LEG) was downgraded by analysts at Raymond James from a strong-buy rating to an outperform rating. Raymond James currently has $44.00 price target on the stock.

China Life Insurance (NYSE:LFC) was downgraded by analysts at Sanford C. Bernstein from an outperform rating to a market perform rating.

Lam Research (NASDAQ:LRCX) was downgraded by analysts at B. Riley from a buy rating to a neutral rating. B. Riley currently has $160.00 target price on the stock, down from their previous target price of $225.00.

Mohawk Industries (NYSE:MHK) was downgraded by analysts at Stifel Nicolaus from a buy rating to a hold rating.

Mohawk Industries (NYSE:MHK) was downgraded by analysts at Northcoast Research from a buy rating to a neutral rating.

Mohawk Industries (NYSE:MHK) was downgraded by analysts at Bank of America Corp from a buy rating to an underperform rating.

Red Hat (NYSE:RHT) was downgraded by analysts at Stifel Nicolaus from a buy rating to a hold rating. They currently have $190.00 price target on the stock.

Red Hat (NYSE:RHT) was downgraded by analysts at Deutsche Bank AG from a buy rating to a hold rating. The firm currently has $190.00 target price on the stock, up from their previous target price of $170.00.

Western Digital (NASDAQ:WDC) was downgraded by analysts at Loop Capital from a buy rating to a hold rating.

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