Analysts’ Downgrades for April 6th (ALK, CAR, CNMD, ESCA, HYNE, LLY, NKE, PLAY, POWI, RWT)

Analysts’ downgrades for Monday, April 6th:

Alaska Air Group (NYSE:ALK) was downgraded by analysts at Wall Street Zen from a hold rating to a sell rating.

Avis Budget Group (NASDAQ:CAR) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a buy rating to a hold rating. Deutsche Bank Aktiengesellschaft currently has $128.00 price target on the stock.

CONMED (NYSE:CNMD) was downgraded by analysts at Wall Street Zen from a strong-buy rating to a buy rating.

Escalade (NASDAQ:ESCA) was downgraded by analysts at Wall Street Zen from a strong-buy rating to a buy rating.

HYNE (NASDAQ:HYNE) was downgraded by analysts at Wall Street Zen from a hold rating to a sell rating.

Eli Lilly and Company (NYSE:LLY) was downgraded by analysts at Wall Street Zen from a strong-buy rating to a buy rating.

NIKE (NYSE:NKE) was downgraded by analysts at CICC Research from an outperform rating to a market perform rating. CICC Research currently has $58.00 price target on the stock, down from their previous price target of $69.00.

Dave & Buster’s Entertainment (NASDAQ:PLAY) was downgraded by analysts at Wall Street Zen from a hold rating to a strong sell rating.

Power Integrations (NASDAQ:POWI) was downgraded by analysts at Northland Securities from an outperform rating to a market perform rating. Northland Securities currently has $46.00 price target on the stock.

Redwood Trust (NYSE:RWT) was downgraded by analysts at Wall Street Zen from a hold rating to a sell rating.

Sprouts Farmers Market (NASDAQ:SFM) was downgraded by analysts at Melius Research from a hold rating to a sell rating. They currently have $70.00 target price on the stock.

Theravance Biopharma (NASDAQ:TBPH) was downgraded by analysts at Wall Street Zen from a strong-buy rating to a buy rating.

Universal Music Group (OTCMKTS:UMGNF) was downgraded by analysts at Wells Fargo & Company from an overweight rating to an equal weight rating.

Victory Capital (NASDAQ:VCTR) was downgraded by analysts at Wall Street Zen from a buy rating to a hold rating.