This Wix.com Analyst Turns Bearish; Here Are Top 5 Downgrades For Tuesday
Analysts downgraded Wix, DraftKings, Carlyle, Peabody Energy and Trex, cutting ratings and/or price targets.
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Analysts downgraded Wix, DraftKings, Carlyle, Peabody Energy and Trex, cutting ratings and/or price targets.
Globus Medical, Inc. announced it is scheduled to participate in the upcoming Jefferies Global Healthcare Conference in London.
Wall Street analysts downgraded DraftKings, PDD Holdings, TransUnion, Molson Coors and Zillow, adjusting price targets and ratings.
Globus Medical lowered its 2026 revenue guidance to $3.09B from $3.18B-$3.22B due to delayed spine product launches, slower sales rep productivity, and a 25.7% drop in Nevro sales. The company maintained non-GAAP earnings guidance and is targeting 2027 growth from new products including SCRIPT, EIQ, and HFX Elite, supported by cost discipline.
Needham has lowered its price target for Globus Medical while maintaining a Buy rating on the stock.