Stocks

Top Companies Hit With Downgrades From Wall Street Analysts

Guavy AI Editorial Team Published August 26, 2026

Instruments

NKE

Wall Street analysts have been busy revising their forecasts for several top companies. In a notable move, Argus Research analyst Marie Ferguson downgraded Edison International (NYSE:EIX) from Buy to Hold, citing no specific reason. The stock closed at $73.86 on Tuesday.

Wells Fargo's Alec Brondolo was also bearish, lowering Godaddy Inc (NYSE:GDDY) from Equal-Weight to Underweight and cutting the price target from $80 to $76. Shares closed at $94.60 on Tuesday.

JP Morgan's Puneet Jain downgraded EPAM Systems Inc (NYSE:EPAM) from Overweight to Neutral, keeping the price target of $120. The stock closed at $109.03 on Tuesday.

JP Morgan analyst Mark Murphy followed suit with a downgrade for Intuit Inc (NASDAQ:INTU), moving it from Overweight to Neutral and slashing the price target from $605 to $331. Shares closed at $357.46 on Tuesday.

Truist Securities' Joseph Civello downgraded NIKE, Inc. (NYSE:NKE) from Buy to Hold, lowering the price target from $47 to $42. The stock closed at $39.48 on Tuesday.

Top Companies Hit With Downgrades From Wall Street Analysts

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