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Fly News Breaks for March 2, 2016
CLNY, CVGW, VRX, BCEI, DLTR
Mar 2, 2016 | 10:22 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Dollar Tree (DLTR) double downgraded to Market Perform at Raymond James by analyst Dan Wewer, who said the shares are near an all-time high while comp sales growth for the core segment are slowing. 2. Bonanza Creek (BCEI) downgraded at Canaccord, KLR Group, Wunderlich and Imperial Capital, with analysts citing the failed divestiture of the Rocky Mountain Infrastructure assets. 3. Valeant (VRX) downgraded to Hold at Canaccord by analyst Neil Maruoka, who cited increased uncertainty from the different investigations, as well as his reduced reliance on the company's fundamentals. 4. Calavo Growers (CVGW) downgraded to Neutral at DA Davidson, citing fruit prices that usually rise during this time of the year. 5. Colony Capital (CLNY) downgraded to Market Perform at FBR Capital by analyst Daniel Altscher, who said the stock's discount to net asset value is likely to persist given the company's business model transition. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For DLTR;BCEI;VRX;CVGW;CLNY From the Last 2 Days