Analysts’ Downgrades for December 15th (ASBFY, AVTR, BMA, BZ, CTRN, CZR, FSM, ICLR, KNBWY, RBGLY)

Analysts’ downgrades for Monday, December 15th:

Associated British Foods (OTCMKTS:ASBFY) was downgraded by analysts at Jefferies Financial Group Inc. from a hold rating to an underperform rating.

Avantor (NYSE:AVTR) was downgraded by analysts at Bank of America Corporation from a buy rating to a neutral rating. The firm currently has $13.00 target price on the stock.

Macro Bank (NYSE:BMA) was downgraded by analysts at HSBC Holdings plc from a buy rating to a hold rating. HSBC Holdings plc currently has $80.00 target price on the stock.

KANZHUN (NASDAQ:BZ) was downgraded by analysts at Wall Street Zen from a buy rating to a hold rating.

Citi Trends (NASDAQ:CTRN) was downgraded by analysts at Wall Street Zen from a buy rating to a hold rating.

Caesars Entertainment (NASDAQ:CZR) was downgraded by analysts at The Goldman Sachs Group, Inc. from a buy rating to a neutral rating. The firm currently has $24.00 price target on the stock, down from their previous price target of $25.00.

Fortuna Mining (NYSE:FSM) (TSE:FVI) was downgraded by analysts at Wall Street Zen from a buy rating to a hold rating.

Icon (NASDAQ:ICLR) was downgraded by analysts at Bank of America Corporation from a buy rating to a neutral rating. Bank of America Corporation currently has $195.00 price target on the stock.

Kirin (OTCMKTS:KNBWY) was downgraded by analysts at Wall Street Zen from a buy rating to a hold rating.

Reckitt Benckiser Group (OTCMKTS:RBGLY) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating.

Revvity (NYSE:RVTY) was downgraded by analysts at Bank of America Corporation from a buy rating to a neutral rating. They currently have $110.00 target price on the stock.

Standex International (NYSE:SXI) was downgraded by analysts at Wall Street Zen from a buy rating to a hold rating.

AT&T (NYSE:T) was downgraded by analysts at Wolfe Research from an outperform rating to a peer perform rating.

Zoetis (NYSE:ZTS) was downgraded by analysts at Bank of America Corporation from a buy rating to a neutral rating. The firm currently has $135.00 target price on the stock.