Analysts Just Turned Bearish on These 5 Stocks

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In this article, we discuss the 5 stocks that were recently downgraded by analysts. If you want to see some other stocks receiving downgrades, go directly to Analysts Just Turned Bearish on These 10 Stocks.  

5. Bank OZK (NASDAQ:OZK)

Number of Hedge Fund Holders: 22

Wells Fargo downgraded Bank OZK (NASDAQ:OZK) from “Overweight” to “Equal Weight” on Thursday, July 7, 2022. Wells Fargo analyst Timur Braziler thinks that the recessionary fears will keep OZK stock range-bound.

Braziler expressed optimism over the bank’s loan growth but cautioned that Bank OZK (NASDAQ:OZK) would achieve that growth at a higher cost. He also cut his price target for Bank OZK (NASDAQ:OZK) from $58 per share to $42 per share.

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