Analysts’ Downgrades for April 2nd (AVGO, BCE, LRCX, MEOH, META, MU, NKE, RCI, SDY, TM)

Analysts’ downgrades for Thursday, April 2nd:

Broadcom (NASDAQ:AVGO) was downgraded by analysts at Erste Group Bank AG from a buy rating to a hold rating.

BCE (NYSE:BCE) (TSE:BCE) was downgraded by analysts at TD Securities from a buy rating to a hold rating.

Lam Research (NASDAQ:LRCX) was downgraded by analysts at Erste Group Bank AG from a buy rating to a hold rating.

Methanex (NASDAQ:MEOH) (TSE:MX) was downgraded by analysts at Royal Bank Of Canada from an outperform rating to a sector perform rating. Royal Bank Of Canada currently has $65.00 price target on the stock, up from their previous price target of $55.00.

Meta Platforms (NASDAQ:META) was downgraded by analysts at Erste Group Bank AG from a buy rating to a hold rating.

Micron Technology (NASDAQ:MU) was downgraded by analysts at Erste Group Bank AG from a buy rating to a hold rating.

NIKE (NYSE:NKE) was downgraded by analysts at DA Davidson from a buy rating to a neutral rating. They currently have $46.00 price target on the stock, down from their previous price target of $72.00.

Rogers Communication (NYSE:RCI) (TSE:RCI.B) was downgraded by analysts at TD Securities from a buy rating to a hold rating.

Speedy Hire (LON:SDY) was downgraded by analysts at Canaccord Genuity Group Inc. to a buy rating. Canaccord Genuity Group Inc. currently has GBX 70 price target on the stock, down from their previous price target of GBX 79.

Toyota Motor (NYSE:TM) was downgraded by analysts at Erste Group Bank AG from a buy rating to a hold rating.

TELUS (NYSE:TU) (TSE:T) was downgraded by analysts at TD Securities from a buy rating to a hold rating.

Wix.com (NASDAQ:WIX) was downgraded by analysts at UBS Group AG from a buy rating to a neutral rating. UBS Group AG currently has $96.00 target price on the stock, down from their previous target price of $145.00.