As previously reported, Seaport Global analyst Walt Liptak downgraded SPX FLOW to Neutral from Buy as he believes that the company will be impacted by sector slowing in its Food & Beverage and Industrial segments. In Q2, weak end markets continued to persist and he expects to see similar or worse than organic growth rates in the second half, Liptak tells investors. Additionally, SPX FLOW plans to divest a majority of the Power and Energy segment, but "timing is not on FLOW's side," said the analyst, who thinks the amount that the company can fetch for a business is expected to be lower than the average given the current environment for M&A valuations.