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This Illinois Tool Works Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

Benzinga · 1d 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.

JP Morgan analyst Nick Lai downgraded Li Auto Inc. (NASDAQ:LI) from Overweight to Neutral and slashed the price target from $33 to $28. Li Auto shares closed at $24.90 on Wednesday. See how other analysts view this stock.
Barclays analyst Julian Mitchell downgraded the rating for Illinois Tool Works Inc. (NYSE:ITW) from Equal-Weight to Underweight and maintained the price target of $243. Illinois Tool Works shares closed at $267.32 on Wednesday. See how other analysts view this stock.
B of A Securities analyst Vivek Arya downgraded Coherent Corp. (NYSE:COHR) from Buy to Neutral and raised the price target from $92 to $105. Coherent shares closed at $114.01 on Wednesday. See how other analysts view this stock.
Raymond James analyst John Ransom downgraded Acadia Healthcare Company, Inc. (NASDAQ:ACHC) from Strong Buy to Outperform and lowered the price target from $40 to $26. Acadia Healthcare shares closed at $20.77 on Wednesday. See how other analysts view this stock.
Argus Research analyst Joseph Bonner downgraded the rating for eBay Inc. (NASDAQ:EBAY) from Buy to Hold. eBay shares closed at $100.77 on Wednesday. See how other analysts view this stock.

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

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