Latest news with #stockdowngrade
Yahoo
4 days ago
- Business
- Yahoo
KeyBanc Downgrades Deckers Outdoor (DECK) Stock to Sector Weight
On May 23, analysts at KeyBanc Capital Markets adjusted their stance on Deckers Outdoor Corporation (NYSE:DECK)'s stock, downgrading it from 'Overweight' to 'Sector Weight.' This downgrade came after the company released its Q4 2025 earnings, which were better than expected but highlighted numerous issues. A customer browsing a retail store, finding the perfect footwear for their casual outfits. Ashley Owens, the firm's analyst, mentioned that HOKA brand's sales performance came lower than expected and that its growth momentum continues to decelerate as it enters the new quarter. As per the analyst, this slowdown was a result of several factors, such as less effective customer acquisition and broad-based economic pressures. Despite Deckers Outdoor Corporation (NYSE:DECK)'s successful performance, there are worries related to the HOKA brand's competitive position. It seems to be losing its position to other innovative running brands that are witnessing healthier performance. This transition in market dynamics resulted in worries related to HOKA's ability to maintain its market share. Also, Deckers Outdoor Corporation (NYSE:DECK)'s emphasis on wholesale door growth and the expected unfavourable impacts of price increases on demand were the factors resulting in the downgrade. Such strategies might harm the short-term prospects. Considering HOKA's brand awareness, which is at a high level in the US, KeyBanc expects limited upside for Deckers Outdoor Corporation (NYSE:DECK) over the near term. Deckers Outdoor Corporation (NYSE:DECK) is engaged in designing, marketing, and distributing footwear, apparel, and accessories for casual lifestyle use and high-performance activities. While we acknowledge the potential of DECK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DECK and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
KeyBanc Downgrades Deckers Outdoor (DECK) Stock to Sector Weight
On May 23, analysts at KeyBanc Capital Markets adjusted their stance on Deckers Outdoor Corporation (NYSE:DECK)'s stock, downgrading it from 'Overweight' to 'Sector Weight.' This downgrade came after the company released its Q4 2025 earnings, which were better than expected but highlighted numerous issues. A customer browsing a retail store, finding the perfect footwear for their casual outfits. Ashley Owens, the firm's analyst, mentioned that HOKA brand's sales performance came lower than expected and that its growth momentum continues to decelerate as it enters the new quarter. As per the analyst, this slowdown was a result of several factors, such as less effective customer acquisition and broad-based economic pressures. Despite Deckers Outdoor Corporation (NYSE:DECK)'s successful performance, there are worries related to the HOKA brand's competitive position. It seems to be losing its position to other innovative running brands that are witnessing healthier performance. This transition in market dynamics resulted in worries related to HOKA's ability to maintain its market share. Also, Deckers Outdoor Corporation (NYSE:DECK)'s emphasis on wholesale door growth and the expected unfavourable impacts of price increases on demand were the factors resulting in the downgrade. Such strategies might harm the short-term prospects. Considering HOKA's brand awareness, which is at a high level in the US, KeyBanc expects limited upside for Deckers Outdoor Corporation (NYSE:DECK) over the near term. Deckers Outdoor Corporation (NYSE:DECK) is engaged in designing, marketing, and distributing footwear, apparel, and accessories for casual lifestyle use and high-performance activities. While we acknowledge the potential of DECK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DECK and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Raymond James Financial Downgrades Reinsurance Group of America (RGA) Stock
On May 23, Raymond James Financial downgraded Reinsurance Group of America, Incorporated (NYSE:RGA)'s stock from 'Strong Buy' to 'Market Perform' and reiterated its price target of $202.89. The change in the rating comes as a result of worries related to increased competition and market challenges encountered by the company. An individual signing the dotted line for a life insurance policy. The firm believes that Reinsurance Group of America, Incorporated (NYSE:RGA), which offers reinsurance and financial solutions, continues to face increased competition for in-force blocks and pension risk transfers (PRTs), impacting the outlook on the company's stock. Furthermore, the firm also expressed its concerns related to the temporary pause in the US jumbo pension risk transfer market and diminishing returns on the UK buy-in PRTs. Collectively, such factors have been contributing to the less optimistic view of Reinsurance Group of America, Incorporated (NYSE:RGA)'s future earnings potential. However, the company's Q1 2025 results were strong, and its traditional business performed particularly well, with its biometric claims experience remaining favorable across all the geographic segments. While there are macro uncertainties, Reinsurance Group of America, Incorporated (NYSE:RGA) expects an attractive pipeline for organic new business and in-force transactions, with a healthy balance between them. In Q1 2025, the company's consolidated net premiums came in at $4.0 billion, reflecting a decline of 25% YoY, with an adverse net foreign currency effect to the tune of $60 million. While we acknowledge the potential of RGA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RGA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None.
Yahoo
6 days ago
- Business
- Yahoo
Raymond James Downgrades Booz Allen on Weak Outlook, Margin Pressures
Raymond James downgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) from Outperform to Market Perform on May 24, without a price target, following the company's dismal financial performance and outlook. Booz Allen Hamilton Holding Corporation (NYSE:BAH) was forced to contend with harsh year-over-year comparisons, with its organic growth rate expected to decline from around 12% last year to approximately 3% this year. This deceleration is ascribed to a higher concentration of civil government contracts and the robust performance in the prior period, making growth harder to match. The company's announcement of a 7% headcount reduction for the first quarter of 2026 served as additional proof of this. Moreover, analysts at Raymond James noted that Booz Allen Hamilton's profit margins are being squeezed by the company's ongoing investments in long-term growth areas. Considering this, the firm has adjusted Booz Allen Hamilton's financial projections for fiscal years 2026 and 2027, with the updated outlook indicating that the stock might return to its late February lows. While we acknowledge the potential of BAH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BAH and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Raymond James Downgrades Booz Allen on Weak Outlook, Margin Pressures
Raymond James downgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) from Outperform to Market Perform on May 24, without a price target, following the company's dismal financial performance and outlook. Booz Allen Hamilton Holding Corporation (NYSE:BAH) was forced to contend with harsh year-over-year comparisons, with its organic growth rate expected to decline from around 12% last year to approximately 3% this year. This deceleration is ascribed to a higher concentration of civil government contracts and the robust performance in the prior period, making growth harder to match. The company's announcement of a 7% headcount reduction for the first quarter of 2026 served as additional proof of this. Moreover, analysts at Raymond James noted that Booz Allen Hamilton's profit margins are being squeezed by the company's ongoing investments in long-term growth areas. Considering this, the firm has adjusted Booz Allen Hamilton's financial projections for fiscal years 2026 and 2027, with the updated outlook indicating that the stock might return to its late February lows. While we acknowledge the potential of BAH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BAH and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
