{"id":19533,"date":"2023-06-07T14:39:06","date_gmt":"2023-06-07T18:39:06","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/4-big-analyst-cuts-dollar-general-hit-with-two-more-downgrades\/"},"modified":"2023-06-07T14:39:07","modified_gmt":"2023-06-07T18:39:07","slug":"4-big-analyst-cuts-dollar-general-hit-with-two-more-downgrades","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=19533","title":{"rendered":"4 big analyst cuts: Dollar General hit with two more downgrades"},"content":{"rendered":"
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\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

By Davit Kirakosyan<\/p>\n

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Dollar General, Chegg, AMC Networks, and Duolingo.<\/p>\n

InvestingPro subscribers got this news in rapid fire. Never be left in the dust again.<\/p>\n

Dollar General gets two more downgrades<\/strong><\/h2>\n

Dollar General (NYSE:) was downgraded at two Wall Street firms after the company reported its last week, with both EPS and revenues coming in worse than the consensus estimates.<\/p>\n

Wells Fargo downgraded the company to Equal Weight from Overweight and cut its price target to $165.00 from $178.00. Meanwhile, Daiwa Securities downgraded to Neutral from Outperform.<\/p>\n

The company was downgraded to Equalweight from Overweight by Morgan Stanley on Monday.<\/p>\n

\"\"<\/p>\n

GitLab cut to Buy from Strong Buy<\/strong><\/h2>\n

CFRA downgraded Gitlab <\/span><\/span> (NASDAQ:) to Buy from Strong Buy while raising its price target to $52.00 from $49.00, as InvestingPro reported in real time.<\/p>\n

Shares jumped more than 31% yesterday after the company reported better-than-expected and guidance and announced plans to launch a revenue-boosting AI-powered product.<\/p>\n

2 more downgrades<\/strong><\/h2>\n

Barrington Research downgraded Chegg (NYSE:) to Market Perform from Outperform. Shares fell more than 1% pre-market today.<\/p>\n

Duolingo <\/span><\/span> (NASDAQ:) shares fell nearly 2% pre-market today after JMP Securities downgraded the company to Market Perform from Market Outperform.<\/p>\n

Get a leg up on the market: Always be the first to know with InvestingPro.
<\/strong><\/p>\n

Start your free 7-day trial now.<\/p>\n

\"\"<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. By Davit Kirakosyan Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Dollar General, Chegg, AMC Networks, and Duolingo. InvestingPro subscribers got this news in rapid fire. Never be left in the dust again. Dollar General gets two more downgrades Dollar General (NYSE:) was […]<\/p>\n","protected":false},"author":1,"featured_media":19534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-19533","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\n4 big analyst cuts: Dollar General hit with two more downgrades | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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