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4 big analyst cuts: Amplitude pelted with 3 downgrades after weak guidance By
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IntroductionBy Davit Kirakosyan-- Here is your Pro Recap of the biggest analyst cuts you may have missed since y ...
By Davit Kirakosyan
-- Here is Ranking of Global Forex Companiesyour Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades for Amplitude, , , and Radian.
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Amplitude downgraded by 3 analysts; shares plunge on weak guidance
(NASDAQ:) was hit with several downgrades today after the company reported its . Shares plunged more than 22% premarket today on weaker-than-expected full-year revenue guidance.
Piper Sandler downgraded the company to Neutral from Overweight with a price target of $9.00. William Blair downgraded to Market Perform from Outperform, and KeyBanc downgraded to Sector Weight from Overweight.
InvestingPro users got this news in rapid fire. Never miss another real-time downgrade.
Dutch Bros downgraded following Q1 results
TD Cowen downgraded Dutch Bros (NYSE:) to Market Perform from Outperform and cut its price target to $33.00 from $39.00.
Shares fell more than 7% premarket today after the company a Q1 revenue miss.
2 more downgrades
Tudor Pickering downgraded Westlake Chemical (NYSE:) to Sell from Hold, as InvestingPro reported in real time. Last week, the company reported its , beating the Street estimates.
BofA Securities downgraded Radian (NYSE:) to Underperform from Buy. The company posted better-than-expected last week.
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