Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Bank of America (BAC) downgraded to Neutral from Overweight at Atlantic Equities with analyst John Heagerty saying the bank's share price had a "strong run" by rising 25% from early October through to the close on Friday. 2. Liberty Global (LBTYA) downgraded to Hold from Buy at Jefferies with analyst Ulrich Rathe saying operational headwinds have forced him to cut estimates "yet again." 3. Morgan Stanley (MS) downgraded to Neutral from Buy at Citi with analyst Keith Horowitz saying while the company's return on tangible equity targets look achievable, the stock looks fairly valued. 4. Schlumberger (SLB) downgraded to Market Perform from Outperform at Cowen with analyst Marc Bianchi saying he sees risk to its estimates which may leave concerns about dividend coverage. 5. Lumber Liquidators (LL) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Simeon Gutman saying in retail more broadly, he thinks it will be hard to repeat the strong performance of 2019 given tough comparisons, slower growth and the consumer decelerating and for Lumber Liquidators in particular he has concerns about lower earnings power. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Automotive data and software services provider Solera is weighing an initial public offering that may raise over $1B and has picked banks including Goldman Sachs (GS) and Morgan Stanley (MS) to work on the offering, people familiar with the matter told Bloomberg's Amy Or and Ryan Gould. Solera could launch an offering as soon as in July, the sources noted. Reference Link

In the firm's Q1 letter to investors, David Einhorn's Greenlight Capital disclosed new long positions taken during the quarter, including taking stakes in HP Inc. (HPQ), Penn Entertainment (PENN) and Roivant Sciences (ROIV). In the letter, the firm stated that it established a new "medium-sized position" in Penn at an average price of $22.69 per share, arguing that "were the market to credit PENN with merely 15% of DraftKings' value, [Penn's ESPN BET] segment alone would be worth $20 per share." On HP Inc., Greenlight stated that it had established an initial position at an average price of $30.76 per share, adding that it believes "that we are, at a minimum, on the cusp of a normal PC refresh cycle, which should drive earnings above estimates." On Roivant, Greenlight said it had established a "small long position," adding that "in addition to an exciting pipeline, ROIV has a strong track record of positive trial results and successful monetization of pharmaceutical assets." Einhorn's Greenlight Capital also noted that it reduced its Teck Resources (TECK) long position into strength during Q1 and that the firm bought a "small position" in Liberty Global (LBTYA) during Q1.

David Einhorn's Greenlight Capital bought a "small position" in Liberty Global during Q1, according to its quarterly letter to shareholders.