BofA Securities analyst Vivek Arya downgraded Marvell Technology from Buy to Neutral and lowered the price target from $90 to $78. Vital Energy was downgraded by Texas Capital Securities from Buy to Hold, and Aspen Insurance Holdings was downgraded by Citigroup from Buy to Neutral.
In a series of recent downgrades, several key companies have seen their stock ratings revised downward by prominent investment firms. This week, Bank of America Securities analyst Vivek Arya downgraded Marvell Technology from "Buy" to "Neutral" and lowered the price target from $90 to $78 [1]. The downgrade was attributed to reduced confidence in Marvell's AI growth prospects and increased uncertainty around its participation in next-generation chip projects [1].
Vital Energy, Inc., an oil and natural gas exploration company, has also seen a downgrade. Texas Capital Securities downgraded the company's rating from "Buy" to "Hold," citing a cautious outlook on the company's future performance [3]. The stock has been under pressure due to recent earnings reports and analyst downgrades, with the consensus price target standing at $28.20 [3].
Aspen Insurance Holdings, a provider of insurance and reinsurance services, was downgraded by Citigroup from "Buy" to "Neutral." The downgrade was based on the firm's concerns over the company's growth trajectory and potential challenges in the insurance sector [4].
These downgrades reflect a cautious stance among analysts regarding the near-term prospects of these companies. Investors should closely monitor these developments and consider the broader market context when making investment decisions.
References:
[1] https://www.cnbc.com/2025/08/29/bank-of-america-downgrades-chipmaker-marvell-technology-on-lower-growth-outlook-.html
[2] https://www.ainvest.com/news/bofa-downgrades-marvell-neutral-ai-growth-visibility-2508/
[3] https://www.marketbeat.com/instant-alerts/filing-hotchkis-wiley-capital-management-llc-has-1067-million-stock-holdings-in-vital-energy-inc-vtle-2025-08-25/
[4] https://www.ainvest.com/news/marvell-struggling-position-ai-chip-market-assessing-long-term-investment-risks-shifting-dynamics-2508/
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