Analysts are Downgrading These 5 Stocks

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In this article, we discuss the 5 stocks recently downgraded by analysts. If you want to see more such companies on the list, go directly to Analysts are Downgrading These 10 Stocks.

5. Aptiv PLC (NYSE:APTV)

Number of Hedge Fund Holders: 39

Shares of Aptiv PLC (NYSE:APTV) slipped over three percent yesterday morning after receiving a downgrade from Morgan Stanley. The research firm slashed its ratings for the automotive technology supplier from “Overweight” to “Equal Weight.”

Morgan Stanley analyst Adam Jonas was primarily moved by a slower-than-expected pace of EV adoption. Jonas also reduced his sales and margin outlook for Aptiv PLC (NYSE:APTV). Nevertheless, he expressed optimism about the company’s growth prospects in the long term.

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