Top 5 Downgrades:

 Top 5 Downgrades:

  • Oppenheimer downgraded Dollar General (DG) to Perform from Outperform and removed the firm's prior $195 price target after the company reported Q2 EPS of $2.13, short of a Street estimate of $2.47, and management "sharply" reduced FY23 EPS guidance.

  • Wells Fargo downgraded Victoria's Secret (VSCO) to Equal Weight from Overweight with a price target of $18, down from $34. The company once again cut its fiscal year plan, as sales trends and share dynamics remain unfavorable, the firm notes.

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