Today's most important downgrades

Today's most important analyst stock downgrades:

Wedbush downgraded Carvana (NYSE: CVNA) from Neutral to Underperform with a price target of $1.00 (from $9.00), citing rising bankruptcy risks after creditors signed a cooperation agreement to present a united front in restructuring negotiations. Shares fell 43% today.

Morgan Stanley downgraded Airbnb (NASDAQ: ABNB) to Underweight from Equal Weight with an $80 price target as an analysis yielded several concerns, including listings growth, occupancy headwinds, and lower room night demand. Shares fell 1.7% today.

JPMorgan downgraded Lionsgate (NYSE: LGF-A) from Overweight to Underweight with a price target of $7.00 (from $10.00) on leverage concerns and a slow path to split. Shares fell 15% today.

By StreetInsider.com Staff

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