Analysts on Wall Street Lower Ratings for These 5 Stocks

In this article, we discuss the 5 stocks receiving downgrades from analysts. If you want to see more such stocks on the list, go directly to Analysts on Wall Street Lower Ratings for These 10 Stocks.

05. BigCommerce Holdings, Inc. (NASDAQ:BIGC)

Price Reaction after the Downgrade: -0.37 (-4.43%) 

On February 5, Goldman Sachs analyst Gabriela Borges revised the rating of BigCommerce Holdings, Inc. (NASDAQ:BIGC) from Buy to Neutral, expressing concerns about the company’s efforts to capture market share in the mid-market segment. The downgrade resulted in a 4.43% decline in the stock’s closing price, settling at $7.98. Borges emphasized the potential challenges BigCommerce Holdings, Inc. (NASDAQ:BIGC) may face as it strives to expand its presence in this particular market niche. Borges pointed out that while BigCommerce Holdings, Inc. (NASDAQ:BIGC) has shown promise, particularly in the mid-market sector, there are uncertainties ahead that warrant a more cautious stance. The analyst highlighted various factors contributing to this decision, including competitive pressures, shifting consumer preferences, and evolving market dynamics. These challenges, Borges believes, could impact BigCommerce Holdings, Inc. (NASDAQ:BIGC) ability to sustain its growth momentum and achieve its strategic objectives. Furthermore, Borges adjusted the price target for BigCommerce Holdings, Inc. (NASDAQ:BIGC) from $11.50 to $9.50, reflecting a more tempered outlook for the company’s performance in the near term. Despite the downgrade, Borges acknowledged that BigCommerce Holdings, Inc. (NASDAQ:BIGC) remains a notable player in the e-commerce industry, with significant potential for long-term success. However, the analyst advised investors to exercise prudence given the uncertainties surrounding the company’s mid-market expansion efforts.