Equities Research Analysts’ Downgrades for October 9th (ARCB, BP, BX, CGNT, CIEN, CMC, CRUS, DAN, FDS, FITB)

Equities Research Analysts’ downgrades for Wednesday, October 9th:

ArcBest (NASDAQ:ARCB) was downgraded by analysts at Wolfe Research from an outperform rating to a peer perform rating.

BP (NYSE:BP) was downgraded by analysts at BNP Paribas from an outperform rating to a neutral rating.

Blackstone (NYSE:BX) was downgraded by analysts at Piper Sandler from an overweight rating to a neutral rating. The firm currently has $149.00 price target on the stock.

Cognyte Software (NASDAQ:CGNT) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.

Ciena (NYSE:CIEN) was downgraded by analysts at BNP Paribas from an outperform rating to a neutral rating. They currently have $67.00 target price on the stock, up from their previous target price of $59.00.

Commercial Metals (NYSE:CMC) was downgraded by analysts at Wolfe Research from an outperform rating to a peer perform rating.

Cirrus Logic (NASDAQ:CRUS) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.

Dana (NYSE:DAN) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

FactSet Research Systems (NYSE:FDS) was downgraded by analysts at Redburn Atlantic from a neutral rating to a sell rating. Redburn Atlantic currently has $380.00 target price on the stock, down from their previous target price of $420.00.

Fifth Third Bancorp (NASDAQ:FITB) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.

ING Groep (NYSE:ING) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a buy rating to a hold rating.

Lincoln Educational Services (NASDAQ:LINC) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

Grand Canyon Education (NASDAQ:LOPE) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

Morningstar (NASDAQ:MORN) was downgraded by analysts at Redburn Atlantic from a buy rating to a neutral rating. Redburn Atlantic currently has $340.00 price target on the stock.

Novo Nordisk A/S (NYSE:NVO) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.

QuinStreet (NASDAQ:QNST) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.

Silgan (NYSE:SLGN) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

Super Micro Computer (NASDAQ:SMCI) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.

LendingTree (NASDAQ:TREE) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.

Trustmark (NASDAQ:TRMK) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.

Vale (NYSE:VALE) was downgraded by analysts at Wolfe Research from a peer perform rating to an underperform rating.

Willdan Group (NASDAQ:WLDN) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.

Waste Management (NYSE:WM) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.

Exxon Mobil (NYSE:XOM) was downgraded by analysts at BNP Paribas from a neutral rating to an underperform rating. BNP Paribas currently has $105.00 target price on the stock.