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benzinga.comAUG 261 min read$EIX

This Nike Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday - EPAM Systems (NYSE:EPAM

Analysts downgraded several companies: Argus cut Edison International (EIX) to Hold, Wells Fargo downgraded GoDaddy (GDDY) to Underweight with a $76 target, JP Morgan downgraded EPAM (EPAM) to Neutral with a $120 target, and Intuit (INTU) to Neutral with a $331 target, and Truist downgraded Nike (NKE) to Hold with a $42 target.

Original reporting
benzinga.com
Published Aug 26, 2026, 3:01 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 27, 2026, 5:39 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
alphai market briefFinancial news
Primary signal
$EIX
Bearish
medium confidence
Mentioned
$EIX · $GDDY · $EPAM · $INTU · $NKE
Relevance
5/10
alphai data visualization · based on benzinga.com
Decision brief

The 30-second read

$EIXBearishLow
01

Why it matters

The downgrades reflect revised expectations and could influence short‑term price action.

02

Market read

Rating downgrades may trigger modest sell pressure in the listed stocks.

03

What to watch

Fundamental earnings data not discussed; downgrades may be based on short‑term concerns.

Relevance 5/10Novelty 4/10Timing: after market close Tuesday

Background

Analyst rating changes are compiled from multiple brokerages after recent earnings releases.

Company-level read

Ticker impact

$EIXBearishMedium confidence
Context

Argus Research downgraded Edison International from Buy to Hold.

Expected impact

Modest short-term decline

Evidence & confidence

Analyst downgrade signals weaker outlook.

$GDDYBearishMedium confidence
Context

Wells Fargo downgraded GoDaddy from Equal-Weight to Underweight and cut price target.

Expected impact

Short-term pullback

Evidence & confidence

Downgrade reflects weaker expectations.

$EPAMNeutralMedium confidence
Context

JP Morgan downgraded EPAM Systems from Overweight to Neutral, maintaining $120 target.

Expected impact

Flat to slight decline

Evidence & confidence

No target change but reduced rating.

$INTUBearishMedium confidence
Context

JP Morgan downgraded Intuit from Overweight to Neutral and cut price target.

Expected impact

Potential short-term dip

Evidence & confidence

Analyst view weakened.

$NKEBearishMedium confidence
Context

Truist Securities downgraded Nike from Buy to Hold and lowered price target.

Expected impact

Modest decline

Evidence & confidence

Reduced rating and target.

Market effects

Sector

Analyst downgrades may temper sentiment in utilities, tech services, and consumer sectors.

Regional

US equity markets could see slight bearish pressure in affected stocks.

Global

Limited to listed US companies; no broader macro impact.

Counterpoint

What could challenge this read

Some investors may view the downgrades as overreactions and look for buying opportunities.

Key entities

  • analyst_firm
    Argus Research

    Provided downgrade for Edison International.

  • analyst_firm
    Wells Fargo

    Downgraded GoDaddy.

  • analyst_firm
    JP Morgan

    Downgraded EPAM and Intuit.

  • analyst_firm
    Truist Securities

    Downgraded Nike.

Read at source← All news

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