Apple Analyst Adopts Bearish Stance; Check Out Thursday's Top 5 Downgrades
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 11 2025
0mins
Source: Benzinga
Analyst Downgrades: B of A Securities downgraded FedEx from Buy to Neutral and UPS from Neutral to Underperform, with price targets adjusted to $240 and $83, respectively.
Potbelly and Apple Ratings: Lake Street downgraded Potbelly from Buy to Hold, raising its price target to $17.12, while Phillip Securities downgraded Apple from Neutral to Reduce with a price target of $200.
Elme Communities Update: Truist Securities downgraded Elme Communities from Buy to Hold, significantly lowering the price target from $18 to $2.
Market Performance: As of Wednesday, FedEx shares closed at $225.69, Potbelly at $16.98, UPS at $83.85, and Apple at $226.79, reflecting the analysts' revised outlooks.
Analyst Views on ELME
Wall Street analysts forecast ELME stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ELME is 18.00 USD with a low forecast of 18.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 2.860
Low
18.00
Averages
18.00
High
18.00
Current: 2.860
Low
18.00
Averages
18.00
High
18.00
About ELME
Elme Communities is a multifamily real estate investment trust that owns and operates apartment homes in the Washington, DC metro and the Atlanta metro. The Company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities (the Residential segment). The Company’s properties include Riverside Apartments, Elme Bethesda, Elme Germantown, Elme Watkins Mill, 3801 Connecticut Avenue, Kenmore Apartments, Elme Conyers, Elme Marietta and Elme Sandy Springs. It also owns and operates approximately 300,000 square feet of commercial space (Watergate 600) in the Washington, DC metro region.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
