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This Salesforce Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday

Benzinga · 3d ago

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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.

Morgan Stanley analyst Benjamin Swinburne downgraded Warner Music Group Corp. (NASDAQ:WMG) from Overweight to Equal-Weight and lowered the price target from $37 to $32. Warner Music shares closed at $29.12 on Thursday. See how other analysts view this stock.
B. Riley Securities analyst Craig Ellis downgraded the rating for Axcelis Technologies, Inc. (NASDAQ:ACLS) from Buy to Neutral and cut the price target from $80 to $50. Axcelis Technologies shares closed at $44.78 on Thursday. See how other analysts view this stock.
Raymond James analyst Josh Beck downgraded Amazon.com, Inc. (NASDAQ:AMZN) from Strong Buy to Outperform and lowered the price target from $275 to $195. Amazon.com shares closed at $172.63 on Thursday. See how other analysts view this stock.
DA Davidson analyst Gil Luria downgraded the rating for Salesforce, Inc. (NYSE:CRM) from Neutral to Underperform and announced a $200 price target. Salesforce shares closed at $247.26 on Thursday. See how other analysts view this stock.
Jefferies analyst John Aiken downgraded Canadian Imperial Bank (TSX:CM) from Buy to Hold and slashed the price target from C$100 to C$89. See how other analysts view this stock.

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

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