This Chewy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Analysts downgraded Chewy, Cooper Companies, AngloGold Ashanti and Crescent Capital BDC, cutting ratings and/or price targets.
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Analysts downgraded Chewy, Cooper Companies, AngloGold Ashanti and Crescent Capital BDC, cutting ratings and/or price targets.
BMO Capital analyst Raj Ray downgrades Anglogold Ashanti (NYSE:AU) from Outperform to Market Perform and maintains the price target from $115 to $115.
SSR Mining Inc. (SSRM) is advancing growth initiatives at its Marigold mine in Nevada, including the Buffalo Valley project, with an updated life-of-mine plan expected by end of 2026. The company expects 2026 Marigold production of 170,000-200,000 ounces, heavily weighted to Q4 with higher grades driving output. SSRM increased 2026 growth capital guidance from $48M to $65M and continues exploration at brownfield targets. The stock trades at a forward P/E of 9.55x, below industry average, with 2026 earnings consensus of $3.87/share (+92.5% YoY), though recent estimates have declined.