Okay, imagine you're in a big library full of stocks (companies).
1. **Smartsheet** (SMAR) - One expert, John Difucci, who knows about many stocks, changed his mind. Before, he thought SMAR was a great stock to buy (he said "Buy"), but now he thinks it's okay just to keep instead of buying more or selling (he says "Neutral"). The price of SMAR ended at $56.02 on Friday.
2. **Agilon Health** (AGL) - Another expert, Constantine Davides, also changed their mind about AGL. They used to think it was a good stock to buy (they said "Market Outperform"), but now they think it's okay just to keep (they say "Market Perform"). The price of AGL ended at $1.84 on Friday.
3. **Celanese Corporation** (CE) - This time, an expert named John McNulty changed their mind about CE too. They used to think it was an alright stock (they said "Market Perform"), but now they think it's a stock you should sell or not buy more of (they say "Underperform"). The price target (the highest price the stock might reach) also went down from $138 to $76, and the price ended at $84.80 on Friday.
For each of these stocks, other experts might have different opinions, so you should always listen to many people before making a decision about what stocks to buy or sell.
Read from source...
**Analyst Ratings Update: Wall Street's Changing View on Top Names**
- **Smartsheet Inc. (SMAR)** downgraded by Guggenheim analyst John Difucci from 'Buy' to 'Neutral'.
- Stock closed at $56.02 on Friday.
- **agilon health, inc. (AGL)** downgraded by JMP Securities analyst Constantine Davides from 'Market Outperform' to 'Market Perform'.
- Stock closed at $1.84 on Friday.
- **Celanese Corporation (CE)** downgraded by BMO Capital analyst John McNulty from 'Market Perform' to 'Underperform'. Price target lowered from $138 to $76.
- Stock closed at $84.80 on Friday.
- **NVR, Inc. (NVR)** downgraded by Seaport Global analyst Kenneth Zener from 'Buy' to 'Neutral'.
- Stock closed at $9,306.94 on Friday.
- **Tidewater Inc. (TDW)** downgraded by Raymond James analyst James Rollyson from 'Strong Buy' to 'Outperform'. Price target slashed from $131 to $102.
- Stock closed at $56.07 on Friday.
**Considering buying CE stock? Here’s what analysts think:** (Click for details)
- **Stock price change**: Up 84% YTD
- **Consensus rating**: Hold
- **Average price target**: $91.83 (Upside: -9.25%)
- **Number of analysts covering**: 17
**Market News & Data**: Dow, S&P 500 notch best week of year as Tesla surges post Trump win. Investor sentiment improves; fear and greed index remains in 'Neutral' zone.
*Disclaimer: Benzinga is not a registered investment advisor or broker-dealer. This article is not designed to provide financial advice or recommendations, it merely reflects our opinion on the state of popular analyst ratings.*
Based on the content provided, which primarily consists of downgrades or reductions in analyst ratings and price targets, the sentiment of this article can be classified as:
- **Neutral to Slightly Bearish**
Here's why:
1. Five stocks have been discussed, with four of them (SMAR, AGL, CE, TDW) receiving less favorable or downgraded ratings. The fifth stock (NVR) had its rating decreased from 'Buy' to 'Neutral', which is also a bearish sign.
2. Price targets for three stocks were either lowered (CE, TDW) or stagnant (AGL).
3. None of the discussed stocks received upgrades or had their price targets increased.
While it's important to note that analyst ratings and predictions aren't always perfect, this article does not contain any bullish news regarding these specific stocks at the time of writing.
Here's a summarized overview of the analyst downgrades you mentioned, including price targets, upside/downside potential, and recommendations:
1. **Smartsheet Inc. (SMAR)**
- Guggenheim's John Difucci downgraded from 'Buy' to 'Neural'
- Last Price: $56.02
- No change in Price Target provided.
2. **Agilon Health, inc. (AGL)**
- JMP Securities' Constantine Davides downgraded from 'Market Outperform' to 'Market Perform'
- Last Price: $1.84
- No change in Price Target provided.
3. **Celanese Corporation (CE)**
- BMO Capital's John McNulty downgraded from 'Market Perform' to 'Underperform', and lowered the price target:
- Previous Price Target: $138
- New Price Target: $76
- Last Price: $84.80
- Upside/Downside Potential: -57.27%
4. **NVR, Inc. (NVR)**
- Seaport Global's Kenneth Zener downgraded from 'Buy' to 'Neutral'
- Last Price: $9,306.94
- No change in Price Target provided.
5. **Tidewater Inc. (TDW)**
- Raymond James' James Rollyson downgraded from 'Strong Buy' to 'Outperform', and slashed the price target:
- Previous Price Target: $131
- New Price Target: $102
- Last Price: $56.07
- Upside/Downside Potential: +81.94%
Risks associated with investing based on analyst downgrades:
- **Market Volatility**: Analyst opinions can quickly change due to market fluctuations, affecting stock prices.
- **Subjectivity**: Analyst ratings are subjective and may be influenced by various factors such as their understanding of the business, industry trends, or sentiment towards a sector.
- **No Guarantee of Performance**: Stock performance does not always align with analyst recommendations. Past performance is not indicative of future results.
Before making any investment decisions, consider seeking advice from a financial advisor and do thorough research on each company's fundamentals, market conditions, and other relevant factors. Diversify your portfolio to spread risks across various investments.