Sell-Side Recalibration: Apple Downgraded as Analysts Split Across Industrials, Utilities and Travel
A dense wave of broker actions cut targets on Honeywell Aerospace, Linde and PPL while raising Airbnb, exposing sharply divergent post-earnings conviction across sectors.
Wall Street delivered a heavy slate of ratings changes, headlined by an Apple downgrade and an HPE upgrade. BMO Capital cut price targets on Honeywell Aerospace over supply concerns, Linde on healthcare unit challenges and PPL on valuation, while raising Airbnb after strong Q2 results and reiterating Outperform on DuPont.