Information Provided By: 
Fly News Breaks for October 27, 2018
NKE, FLEX
Oct 27, 2018 | 07:39 EDT
Goldman Sachs analyst Mark Delaney downgraded Flex (FLEX) to Neutral following the company's Q2 results and announcement of a CEO change and wind down of its footwear manufacturing operations with Nike (NKE) in Mexico. While Flex's current valuation is "very inexpensive," the CEO transition and "consumer disengagement" could provide an overhang for several quarters, Delaney tells investors in a research note. Flex closed Friday down 35%, or $3.82, to $7.09.
News For FLEX;NKE From the Last 2 Days
There are no results for your query FLEX;NKE
