Information Provided By:
Fly News Breaks for April 11, 2016
SON, UDR, ARI, UNFI, GG
Apr 11, 2016 | 10:18 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Goldcorp (GG) downgraded to Underperform at RBC Capital by analyst Stephen Walker, who said shares trade at a significant premium to Tier 1 peers and management needs to re-establish investor confidence in operations and strategy. 2. United Natural Foods (UNFI) downgraded to Underweight at Morgan Stanley with analyst Vincent Sinisi citing top line headwinds that are likely to persist. The analyst believes United Natural's core natural/organic packaged food distribution segments face pressure as segment growth shifts towards ore to "fresh" offerings. 3. Apollo Commercial (ARI) downgraded to Underperform at Wells Fargo by analyst Joel Houck following the release of his Q1 book value estimates. 4. UDR, Inc. (UDR) downgraded to Underperform at BofA/Merrill with analyst Jana Gala citing valuation and a weaker New York City leasing market. 5. Sonoco Products (SON) downgraded to Underperform at DA Davidson by analyst Steven Chercover, who cited valuation. 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 GG;UNFI;ARI;UDR;SON From the Last 2 Days