Latest news with #Khallouf
Business Insider
6 days ago
- Business
- Business Insider
Downgrade Alert! Analysts Have Recently Downgraded These Stocks
As an investor, it is prudent to keep track of stocks that have been downgraded by Wall Street, as these signal an unfavorable change in the company's outlook. Analysts usually downgrade a company's ratings when they perceive deteriorating fundamentals, a weaker competitive position, higher valuations compared to peers, or a challenging macroeconomic environment. Importantly, analysts also share their reasons and insights behind these downgrades. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. A stock's price often reacts to analyst rating changes or adjustments in price targets. Investors can use these rating changes to gauge the risks involved and adjust their portfolio holdings accordingly. However, not every downgrade calls for an immediate sell. Instead, investors should conduct a closer review of these stocks and reassess their investment strategy. Here's a List of Downgraded Stocks: Adobe Systems (ADBE) – Melius Research analyst Ben Reitzes downgraded software company Adobe's stock from a 'Hold' rating to a 'Sell' and maintained a $310 price target, implying 7.1% downside potential. Reitzes believes that Adobe is in the 'early innings' of seeing multiple contraction amid the rapid shift to artificial intelligence (AI). He expects value to continue shifting toward 'infrastructure winners' such as Microsoft (MSFT) and Oracle (ORCL). Accordingly, Reitzes cut Adobe's 2026 and 2027 estimates. The Trade Desk (TTD) – The Trade Desk offers a cloud-based platform that enables advertisers to plan, manage, optimize, and measure digital advertising campaigns across multiple channels and devices. Jefferies analyst James Heaney and HSBC analyst Mohammed Khallouf downgraded TTD stock from a 'Buy' rating to a 'Hold.' Khallouf also cut the price target from $84 to $56, implying 5.3% upside potential. He stated that TTD's Q2 results highlight 'structural issues,' with growth slowing despite a healthy advertising market. Khallouf cites cautious spending by major brands, normalizing connected TV growth, and rising competition, including from AI, as key challenges. (AI) – D.A. Davidson analyst Lucky Schreiner downgraded shares of the enterprise AI company from a 'Hold' rating to a 'Sell' and also lowered the price target on AI stock from $25 to $13, implying 21.1% downside potential from current levels. The downgrade followed release of preliminary Q1 results that fell far below expectations. The revised sales guidance was about 33% below the midpoint of its prior guidance of $100 million to $109 million and down 19% year-over-year. Moreover, the adjusted operating loss was expected to be roughly twice as large as the company's earlier forecast of $23.5 million to $33.5 million. Additionally, announced a restructuring of its sales and services organization, bringing in new leaders across regions. Schreiner fears that the business could get worse before it gets better. Ballard Power (BLDP) – Lake Street analyst Robert Brown downgraded shares of the developer of proton exchange membrane (PEM) fuel cell products from a 'Buy' rating to a 'Hold.' Brown also slashed the price target on BLDP stock from $5 to $2, implying 11.1% upside potential. While the analyst was encouraged by the new management's goal of cash flow breakeven by the end of 2027, he believes the hydrogen fuel cell market remains challenging, with mixed order activity and headwinds in several markets. Brown expects continued uncertainty throughout 2025. Serve Robotics (SERV) – Serve Robotics is a manufacturer of autonomous delivery robots, designed to revolutionize last-mile delivery services. Seaport Global analyst Aaron Kessler downgraded SERV stock from a 'Buy' rating to a 'Hold,' following its Q2 results. Kessler lowered his revenue and EBITDA forecasts, expecting most of the company's growth to come later in 2026, while near-term expenses continue to rise. Seaport believes the stock will likely trade sideways until there are major improvements in key revenue drivers. Wheaton Precious Metals (WPM) – UBS analyst Daniel Major downgraded the shares of the Canadian metals streaming company from a 'Buy' rating to a 'Hold.' Moreover, he increased the price target on WPM to $106 from $100, implying 9% upside potential. The analyst expects Wheaton's stock to pause after its recent 75% year-to-date gain, driven by higher gold and silver prices. He believes the stock is now fully valued and that the market has already factored in further commodity price growth for the company. Open Text Corporation (OTEX) – Jefferies analyst Samad Samana downgraded OTEX stock from a 'Buy' rating to a 'Hold,' while lowering the price target to $33 from $35, implying 12.1% upside potential. Although Samana remains optimistic about Open Text's valuation, he sees uncertainty over the future of the business and leadership. The company announced its CEO is leaving, shortly after CFO Chadwick Westlake's departure, and said it is exploring 'portfolio-shaping opportunities.' Cummins (CMI) – Freedom Capital Markets analyst Sergey Glinyanov downgraded the shares of power solutions provider from a 'Buy' rating to a 'Hold,' but lifted the price target from $368 to $399, implying 1.9% upside potential. The analyst highlighted Cummins' stronger-than-expected margins and earnings per share, which offset declines in its Engine and Components segments through its diversified operations. However, Glinyanov is concerned about the company's current valuation versus future prospects. Lantheus Holdings (LNTH) – Lantheus Holdings provides innovative diagnostic imaging agents and therapies. Truist Financial analyst Richard Newitter downgraded LNTH stock from a 'Buy' rating to a 'Hold' and slashed the price target from $111 to $63, implying 13.5% upside potential. Although Newitter acknowledges that much of the uncertainty around Pylarify has already been built in the stock's recent drop, he expects Pylarify's sales to decline for at least the next two quarters. The analyst sees potential long-term value in Lantheus' pipeline but believes the stock may remain flat for about six months until there is more clarity about Pylarify's future sales potential.
Sky News AU
11-06-2025
- Politics
- Sky News AU
'Can't ignore the irony': Anti-lockdown protest organiser points out 'double standard' after Australian journalist shot by rubber bullets in US previously celebrated his jailing
Anti-lockdown figurehead Anthony Khallouf has accused Nine News US correspondent Lauren Tomasi of applying a "double standard'' on protest reporting after she previously celebrated his jailing during the Covid pandemic. Ms Tomasi was shot in the leg by a rubber bullet on Monday while covering the immigration riots in Los Angeles, in an incident which has sparked concern at the highest levels for the Australian government. During the incident a law enforcement officer appeared to line his weapon up and fire directly at Ms Tomasi while she was reporting. The Australian journalist was seen grabbing her leg and yelling in pain before running away and telling her cameraman she was ok. However, her reporting has now been critcised by Mr Khallouf after she previously described his jailing as a 'good result' and a "warning" to others who chose to protest the government's lockdown laws during the pandemic. In a 2021 tweet that has now resurfaced Ms Tomasi wrote: 'This is a good result. And hopefully a warning to any other 'freedom rally' protesters who want to attend tomorrow". The Nine journalist was responding to a breaking news report of Mr Khallouf being sentenced to a maximum of eight months in prison – with a non-parole period of three months – for his involvement in organising an anti-lockdown protest in Sydney, and for breaching public health orders by travelling to Sydney from Queensland. Following the news of Ms Tomasi being struck in the LA riots, Mr Khallouf told the journalist applauded state force when it "suited her", and now she has been "hit by the same system she defended". "There's a clear double standard in how protests are treated—ours were criminalised, others were celebrated," he said. "I can't ignore the irony. "She once said my sentence should be a warning, now the warning's come full circle." Mr Khallouf also called out other journalists and how they reported on his jailing, and told anti-lockdown supporters they could be tracked down by police. "The media acted like government enforcers during COVID—vilifying dissent and silencing debate," he said. "They helped normalise authoritarianism, and people aren't forgetting that." Australian anti-lockdown protests were met with extreme force during the Covid pandemic, including the use of rubber bullets.
