As previously reported, Craig-Hallum analyst Jason Kreyer downgraded Care.com (CRCM) to Hold from Buy after the company announced a CFO transition following the resignation of Michael Echenberg. The analyst notes that the transition was announced in" a cloud of question marks," and was not accompanied by a reiteration of quarterly or annual guidance. Given the multitude of risks, including backlash from WSJ headlines, suspended Best Buy (BBY) relationship, EBITDA reduction, financial uncertainty, and management change, Kreyer is moving his rating to the sidelines until some transparency is provided. The analyst also lowered his price target on Care.com shares to $15 from $18.