The 12 Most-Hated Stocks on Wall Street

Sat., June 3rd, 2023 | MarketBeat Staff

Wall Street research analysts must be the most optimistic people on earth. They give "buy" ratings to more than half of public companies, even during the worst bear markets. They don't even give stocks a "hold" rating unless the company has made major missteps.

"Sell" ratings are rare and are only given when the sustainability of a company's business model is in serious question. When Wall Street analysts across multiple brokerages all start downgrading a stock, you know something is seriously wrong.

MarketBeat has compiled an exclusive list of the 12 most downgraded stocks on Wall Street right now. If any of these companies are lurking around in your portfolio, you will want to ask yourself "Why?". Wall Street analysts are abandoning these companies in droves. They are true "strong sell" stocks.

#1 - Advance Auto Parts (NYSE:AAP)

Number of Downgrades: 21 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.2
Ratings Breakdown: 3 Buy Ratings, 16 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $104.42 (54.6% Upside)

About Advance Auto Parts

Advance Auto Parts, Inc engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Advance Auto Parts/Carquest U.S., Carquest Canada, Worldpac, and Independents. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
6/1/2023	92 Resources	Reiterated Rating	Maintains
6/1/2023	Royal Bank of Canada	Lower Price Target		$158.00 ➝ $84.00
6/1/2023	Bank of America	Downgrade	Buy ➝ Neutral	$178.00 ➝ $85.00
6/1/2023	Evercore ISI	Lower Price Target		$145.00 ➝ $80.00
6/1/2023	Truist Financial	Lower Price Target		$144.00 ➝ $67.00
6/1/2023	Wedbush	Lower Price Target		$115.00 ➝ $80.00
6/1/2023	Stephens	Lower Price Target		$148.00 ➝ $80.00
6/1/2023	Wells Fargo & Company	Lower Price Target		$125.00 ➝ $80.00
6/1/2023	UBS Group	Lower Price Target		$132.00 ➝ $75.00
6/1/2023	Morgan Stanley	Lower Price Target		$130.00 ➝ $80.00

#2 - Tesla (NASDAQ:TSLA)

Number of Downgrades: 20 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 17 Buy Ratings, 15 Hold Ratings, 4 Sell Ratings.
Consensus Price Target: $204.33 (4.5% Downside)

About Tesla

Tesla, Inc engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
5/2/2023	Piper Sandler	Lower Price Target		$300.00 ➝ $280.00
4/25/2023	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$230.00 ➝ $185.00
4/24/2023	Daiwa Capital Markets	Lower Price Target	Outperform	$218.00 ➝ $185.00
4/21/2023	Truist Financial	Downgrade	Buy ➝ Hold	$245.00 ➝ $154.00
4/20/2023	Morgan Stanley	Lower Price Target	Overweight	$220.00 ➝ $200.00
4/20/2023	The Goldman Sachs Group	Lower Price Target	Buy	$210.00 ➝ $185.00
4/20/2023	Wells Fargo & Company	Lower Price Target	Equal Weight	$190.00 ➝ $170.00
4/20/2023	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$250.00 ➝ $200.00
4/20/2023	Tudor, Pickering, Holt & Co.	Downgrade	Hold ➝ Sell
4/20/2023	Tudor Pickering	Downgrade	Hold ➝ Sell

#3 - Toronto-Dominion Bank (TSE:TD)

Number of Downgrades: 19 (in the last 90 days)
Consensus Rating: Buy
Rating Score: 2.8
Ratings Breakdown: 7 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: C$93.54 (18.6% Upside)

About Toronto-Dominion Bank

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking segments. The company offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
5/26/2023	CIBC	Lower Price Target		C$97.00 ➝ C$94.00
5/26/2023	Cormark	Lower Price Target		C$98.00 ➝ C$95.00
5/26/2023	CSFB	Lower Price Target		C$88.00 ➝ C$85.00
5/26/2023	Scotiabank	Lower Price Target		C$104.00 ➝ C$103.00
5/26/2023	National Bankshares	Lower Price Target	Sector Perform	C$94.00 ➝ C$90.00
5/26/2023	National Bank Financial	Lower Price Target		C$94.00 ➝ C$90.00
5/26/2023	Royal Bank of Canada	Boost Price Target	Outperform	C$95.00 ➝ C$96.00
5/26/2023	Bank of America	Lower Price Target		C$99.00 ➝ C$90.00
5/26/2023	Credit Suisse Group	Lower Price Target		C$88.00 ➝ C$85.00
5/26/2023	BMO Capital Markets	Lower Price Target		C$85.00 ➝ C$83.00

#4 - Cargojet (TSE:CJT)

Number of Downgrades: 19 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 3 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: C$149.55 (44.1% Upside)

About Cargojet

Cargojet Inc provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
5/3/2023	BMO Capital Markets	Lower Price Target		C$119.00 ➝ C$115.00
5/2/2023	TD Securities	Lower Price Target	Buy	C$180.00 ➝ C$175.00
5/2/2023	Royal Bank of Canada	Lower Price Target	Outperform	C$231.00 ➝ C$202.00
5/2/2023	Acumen Capital	Lower Price Target		C$180.00 ➝ C$175.00
5/2/2023	ATB Capital	Lower Price Target		C$150.00 ➝ C$130.00
5/2/2023	CIBC	Lower Price Target		C$193.00 ➝ C$180.00
5/2/2023	Cormark	Lower Price Target		C$120.00 ➝ C$117.00
5/2/2023	Scotiabank	Lower Price Target		C$172.00 ➝ C$146.00
5/1/2023	National Bankshares	Lower Price Target	Sector Perform	C$140.00 ➝ C$127.00
4/27/2023	BMO Capital Markets	Lower Price Target		C$130.00 ➝ C$119.00

#5 - Foot Locker (NYSE:FL)

Number of Downgrades: 18 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.2
Ratings Breakdown: 5 Buy Ratings, 13 Hold Ratings, 2 Sell Ratings.
Consensus Price Target: $38.80 (49.9% Upside)

About Foot Locker

Foot Locker, Inc engages in the retail of athletic shoes and apparel. The firm uses its omni-channel capabilities to bridge the digital world and physical stores, including order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce. It operates through following segments: North America, EMEA (Europe, Middle East, and Africa, and Asia Pacific. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
5/22/2023	Deutsche Bank Aktiengesellschaft	Lower Price Target		$42.00 ➝ $28.00
5/22/2023	Guggenheim	Lower Price Target		$60.00 ➝ $50.00
5/22/2023	Evercore ISI	Lower Price Target		$60.00 ➝ $45.00
5/22/2023	Morgan Stanley	Lower Price Target		$33.00 ➝ $30.00
5/22/2023	Robert W. Baird	Lower Price Target		$40.00 ➝ $32.00
5/22/2023	Citigroup	Downgrade	Buy ➝ Neutral	$48.00 ➝ $30.00
5/21/2023	Williams Trading	Downgrade	Hold ➝ Sell
5/21/2023	Bank of America	Lower Price Target		$45.00 ➝ $36.00
5/21/2023	BTIG Research	Lower Price Target		$53.00 ➝ $42.00
5/21/2023	JPMorgan Chase & Co.	Lower Price Target		$48.00 ➝ $38.00

#6 - RH (NYSE:RH)

Number of Downgrades: 18 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 7 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $277.06 (9.9% Upside)

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
5/30/2023	Barclays	Lower Price Target		$277.00 ➝ $256.00
5/26/2023	Wedbush	Lower Price Target		$235.00 ➝ $230.00
5/26/2023	Morgan Stanley	Lower Price Target		$275.00 ➝ $260.00
5/26/2023	Robert W. Baird	Lower Price Target		$250.00 ➝ $230.00
4/2/2023	Bank of America	Lower Price Target		$338.00 ➝ $315.00
3/31/2023	Barclays	Lower Price Target	Equal Weight	$314.00 ➝ $277.00
3/30/2023	Telsey Advisory Group	Lower Price Target	Market Perform	$280.00 ➝ $225.00
3/30/2023	Loop Capital	Lower Price Target	Buy	$370.00 ➝ $300.00
3/30/2023	UBS Group	Lower Price Target	Neutral	$280.00 ➝ $255.00
3/30/2023	Guggenheim	Lower Price Target		$375.00 ➝ $325.00

#7 - Nutrien (NYSE:NTR)

Number of Downgrades: 18 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 8 Buy Ratings, 8 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $79.18 (44.5% Upside)

About Nutrien

Nutrien Ltd. is a crop nutrient company, which engages in the production and distribution of products for agricultural, industrial, and feed customer. It operates through the following segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seed, and merchandise. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
6/1/2023	Barclays	Lower Price Target		$80.00 ➝ $70.00
5/30/2023	Morgan Stanley	Lower Price Target		$80.00 ➝ $70.00
5/19/2023	JPMorgan Chase & Co.	Lower Price Target		$92.00 ➝ $78.00
5/17/2023	Piper Sandler	Lower Price Target		$82.00 ➝ $70.00
5/17/2023	Berenberg Bank	Downgrade	Buy ➝ Hold	$92.00 ➝ $49.00
5/16/2023	BMO Capital Markets	Lower Price Target		$110.00 ➝ $90.00
5/15/2023	Wells Fargo & Company	Lower Price Target		$82.00 ➝ $62.00
5/12/2023	Royal Bank of Canada	Lower Price Target		$100.00 ➝ $95.00
5/12/2023	Mizuho	Lower Price Target		$79.00 ➝ $75.00
5/12/2023	Raymond James	Upgrade	Market Perform ➝ Outperform	$85.00

#8 - Enphase Energy (NASDAQ:ENPH)

Number of Downgrades: 17 (in the last 90 days)
Consensus Rating: Buy
Rating Score: 2.8
Ratings Breakdown: 22 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $280.48 (54.2% Upside)

About Enphase Energy

Enphase Energy, Inc is a global energy technology company, which engages in the design, development, manufacture, and sale of micro inverter systems for the solar photovoltaic industry. The firm's products include IQ 7 Microinverter Series, IQ Battery, IQ Envoy, IQ Microinverter Accessories, IQ Envoy Accessories and Enlighten & Apps. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
5/24/2023	Barclays	Lower Price Target		$248.00 ➝ $226.00
5/1/2023	Credit Suisse Group	Lower Price Target		$295.00 ➝ $260.00
4/28/2023	Wells Fargo & Company	Lower Price Target		$281.00 ➝ $230.00
4/27/2023	Deutsche Bank Aktiengesellschaft	Lower Price Target		$280.00 ➝ $240.00
4/27/2023	Citigroup	Lower Price Target		$285.00 ➝ $267.00
4/26/2023	Truist Financial	Lower Price Target		$285.00 ➝ $260.00
4/26/2023	Piper Sandler	Lower Price Target		$255.00 ➝ $230.00
4/26/2023	Oppenheimer	Lower Price Target		$328.00 ➝ $302.00
4/26/2023	Bank of America	Downgrade	Neutral ➝ Underperform	$227.00 ➝ $169.00
4/26/2023	BMO Capital Markets	Lower Price Target		$286.00 ➝ $275.00

#9 - Charles Schwab (NYSE:SCHW)

Number of Downgrades: 17 (in the last 90 days)
Consensus Rating: Buy
Rating Score: 2.6
Ratings Breakdown: 12 Buy Ratings, 2 Hold Ratings, 2 Sell Ratings.
Consensus Price Target: $68.73 (26.4% Upside)

About Charles Schwab

The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail brokerage and banking services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
5/15/2023	Raymond James	Upgrade	Market Perform ➝ Outperform	$63.00
4/20/2023	Redburn Partners	Downgrade	Neutral ➝ Sell
4/18/2023	Piper Sandler	Lower Price Target		$83.00 ➝ $75.00
4/18/2023	UBS Group	Lower Price Target		$70.00 ➝ $65.00
4/18/2023	JPMorgan Chase & Co.	Lower Price Target		$86.00 ➝ $85.00
4/18/2023	Deutsche Bank Aktiengesellschaft	Lower Price Target		$75.00 ➝ $72.00
4/17/2023	Bank of America	Lower Price Target		$53.00 ➝ $51.00
4/14/2023	Barclays	Lower Price Target	Equal Weight	$61.00 ➝ $56.00
4/6/2023	Keefe, Bruyette & Woods	Lower Price Target	Outperform	$89.00 ➝ $65.00
3/30/2023	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$99.00 ➝ $68.00

#10 - Birchcliff Energy (TSE:BIR)

Number of Downgrades: 17 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.3
Ratings Breakdown: 3 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: C$10.98 (39.5% Upside)

About Birchcliff Energy

Birchcliff Energy Ltd., an intermediate oil and natural gas company, acquires, explores for, develops, and produces natural gas, light oil, condensate, and natural gas liquids in Western Canada. The company holds interests in the Montney/Doig resource play located approximately 95 km northwest of Grande Prairie, Alberta. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
4/18/2023	National Bankshares	Lower Price Target		C$11.00 ➝ C$10.00
4/17/2023	ATB Capital	Lower Price Target		C$11.50 ➝ C$10.50
4/17/2023	BMO Capital Markets	Lower Price Target		C$9.00 ➝ C$8.75
4/14/2023	CIBC	Lower Price Target		C$9.00 ➝ C$8.00
4/11/2023	Raymond James	Downgrade	Outperform ➝ Market Perform	C$12.00 ➝ C$11.00
3/29/2023	TD Securities	Downgrade	Buy ➝ Hold	C$9.00 ➝ C$8.00
3/29/2023	Canaccord Genuity Group	Lower Price Target		C$12.00 ➝ C$10.50
3/27/2023	BMO Capital Markets	Lower Price Target		C$10.00 ➝ C$9.00
3/17/2023	Haywood Securities	Lower Price Target		C$14.00 ➝ C$13.00
3/16/2023	Stifel Firstegy	Downgrade	Buy ➝ Hold

#11 - SentinelOne (NYSE:S)

Number of Downgrades: 16 (in the last 90 days)
Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 8 Buy Ratings, 16 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $19.67 (46.4% Upside)

About SentinelOne

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. The company's Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
6/2/2023	Scotiabank	Lower Price Target		$14.00 ➝ $12.00
6/2/2023	Loop Capital	Lower Price Target		$25.00 ➝ $20.00
6/2/2023	Piper Sandler	Lower Price Target		$18.00 ➝ $15.00
6/2/2023	Raymond James	Lower Price Target		$25.00 ➝ $20.00
6/2/2023	Canaccord Genuity Group	Downgrade	Buy ➝ Hold	$20.00 ➝ $14.00
6/2/2023	Stephens	Downgrade	Overweight ➝ Equal Weight	$22.00 ➝ $15.00
6/2/2023	UBS Group	Lower Price Target		$19.00 ➝ $18.00
6/2/2023	Westpark Capital	Downgrade	Buy ➝ Hold
6/2/2023	JMP Securities	Lower Price Target		$26.00 ➝ $22.00
6/2/2023	BTIG Research	Downgrade	Buy ➝ Neutral

#12 - U.S. Bancorp (NYSE:USB)

Number of Downgrades: 16 (in the last 90 days)
Consensus Rating: Buy
Rating Score: 2.6
Ratings Breakdown: 11 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $50.16 (58.0% Upside)

About U.S. Bancorp

U.S. Bancorp operates as a bank holding company, which offers financial services including lending and depository services, cash management, foreign exchange and trust and investment management. The firm also offers mortgage, refinance, auto, boat and RV loans, credit lines, credit card services, merchant, bank, checking and savings accounts, debit cards, online and mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
4/20/2023	Argus	Lower Price Target	Buy	$63.00 ➝ $58.00
4/20/2023	Morgan Stanley	Lower Price Target	Equal Weight	$46.00 ➝ $43.00
4/20/2023	Citigroup	Lower Price Target		$54.00 ➝ $39.00
4/20/2023	Oppenheimer	Boost Price Target	Outperform	$64.00 ➝ $67.00
4/19/2023	The Goldman Sachs Group	Lower Price Target	Buy	$41.00 ➝ $37.00
4/12/2023	Barclays	Lower Price Target		$68.00 ➝ $52.00
4/10/2023	UBS Group	Downgrade	Buy ➝ Neutral
4/10/2023	JPMorgan Chase & Co.	Lower Price Target	Overweight	$52.50 ➝ $45.00
4/5/2023	Morgan Stanley	Lower Price Target	Equal Weight	$56.00 ➝ $46.00
4/3/2023	Wells Fargo & Company	Lower Price Target	Overweight	$60.00 ➝ $55.00

The 12 Most-Hated Stocks on Wall Street

#1 - Advance Auto Parts (NYSE:AAP)

About Advance Auto Parts

Recent Analyst Ratings

#2 - Tesla (NASDAQ:TSLA)

About Tesla

Recent Analyst Ratings

#3 - Toronto-Dominion Bank (TSE:TD)

About Toronto-Dominion Bank

Recent Analyst Ratings

#4 - Cargojet (TSE:CJT)

About Cargojet

Recent Analyst Ratings

#5 - Foot Locker (NYSE:FL)

About Foot Locker

Recent Analyst Ratings

#6 - RH (NYSE:RH)

About RH

Recent Analyst Ratings

#7 - Nutrien (NYSE:NTR)

About Nutrien

Recent Analyst Ratings

#8 - Enphase Energy (NASDAQ:ENPH)

About Enphase Energy

Recent Analyst Ratings

#9 - Charles Schwab (NYSE:SCHW)

About Charles Schwab

Recent Analyst Ratings

#10 - Birchcliff Energy (TSE:BIR)

About Birchcliff Energy

Recent Analyst Ratings

#11 - SentinelOne (NYSE:S)

About SentinelOne

Recent Analyst Ratings

#12 - U.S. Bancorp (NYSE:USB)

About U.S. Bancorp

Recent Analyst Ratings

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