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By Davit Kirakosyan
Investing.com -- Here is your daily Pro Recap of the biggest analyst cuts you may have missed since yesterday.
Loop Capital downgraded JD.com (NASDAQ:JD) to Hold from Buy and cut its price target to $49.00 from $82.00.
Shares closed more than 7% higher yesterday after the company said it intends to spin off JD Property by way of a separate listing of the JD Property Shares on the Main Board of the Hong Kong Stock Exchange.
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Jefferies downgraded Cintas (NASDAQ:CTAS) to Hold from Buy and cut its price target to $487.00 from $512.00.
The company reported its Q3 earnings this week, with both EPS and revenues beating the consensus estimates, and provided strong guidance. As a result, shares surged nearly 5% on Wednesday.
Wells Fargo downgraded Park Hotels & Resorts (NYSE:PK) to Equal Weight from Overweight and cut its price target to $12.50 from $17.00.
Argus downgraded Hormel Foods (NYSE:HRL) to Hold from Buy.
Maxim Group downgraded Cutera (NASDAQ:CUTR) to Hold from Buy.
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