From Yahoo Finance · · 1m 10s
Wall Street research calls
Wall Street analysts downgrade Lyft, upgrade Trip.com in key stock moves.
In brief
Wall Street analysts downgrade Lyft, upgrade Trip.com in key stock moves. Wall Street analysts downgraded Lyft and upgraded Trip.com in recent research calls, citing volume forecasts and earnings performance. Originally reported by Yahoo Finance.
Wall Street research calls
Wall Street analysts released top five research calls today, including upgrades and downgrades for major stocks.
Lyft downgraded
Guggenheim downgraded lyft to neutral from buy with a price target of $16, down from $22, driven by lower second half of 2027 volume forecasts.
Trip.com upgraded
Macquarie upgraded trip.com to outperform from neutral with a price target of $53.20, up from $44.30, citing fiscal q2 earnings exceeding expectations.
Other upgrades
Goldman Sachs upgraded sunbelt rentals to buy from neutral with a price target of $93, up from $78, citing strong q1 results ahead of consensus.
Key downgrades
Bernstein downgraded palo alto networks, okta, and sentinelone to market perform from outperform with price targets up from $143 to $174.
Stock market impact
Lyft shares dropped 1.73% and trip.com shares rose 1.45% following the research calls.
The main idea
Wall Street analysts downgraded Lyft and upgraded Trip.com in recent research calls, citing volume forecasts and earnings performance.
