This Starbucks Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

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.

• Baird analyst Ghansham Panjabi downgraded Crown Holdings, Inc. (NYSE:CCK) from Outperform to Neutral and announced a $105 price target. Crown Holdings shares closed at $106.37 on Wednesday. See how other analysts view this stock.
• BMO Capital analyst Ameet Thakkar downgraded Quanta Services, Inc. (NYSE:PWR) from Outperform to Market Perform and raised the price target from $352 to $400. Quanta Services shares closed at $389.12 on Wednesday. See how other analysts view this stock.
• Evercore ISI Group analyst David Motemaden downgraded the rating for The Progressive Corporation (NYSE:PGR) from Outperform to In-Line and announced a $275 price target. Progressive shares closed at $246.46 on Wednesday. See how other analysts view this stock.
• Jefferies analyst Andy Barish downgraded the rating for Starbucks Corporation (NASDAQ:SBUX) from Hold to Underperform and maintained the price target of $76. Starbucks shares closed at $92.51 on Wednesday. See how other analysts view this stock.
• JP Morgan analyst Samik Chatterjee downgraded Teradyne, Inc. (NASDAQ:TER) from Overweight to Neutral but raised the price target from $88 to $102. Teradyne shares closed at $91.98 on Wednesday. See how other analysts view this stock.

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

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