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Fly News Breaks for September 25, 2019
UCTT, HGV, AUB, BORR, LBTYA
Sep 25, 2019 | 10:14 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Liberty Global (LBTYA) downgraded to Equal Weight from Overweight at Barclays. 2. Borr Drilling (BORR) downgraded to Equal Weight from Overweight at Morgan Stanley. 3. Atlantic Union Bankshares (AUB) downgraded to Hold from Buy at Sandler O'Neill with analyst Casey Orr citing valuation. 4. Hilton Grand Vacations (HGV) downgraded to Neutral at Janney Montgomery Scott with analyst Tyler Batory saying his rating change was "mostly" due to valuation as he thinks the risk/reward is more balanced following the New York Post article published last month about a potential takeout. 5. Ultra Clean (UCTT) downgraded to Market Perform from Outperform at Cowen with analyst Karl Ackerman saying his field work in Asia suggests investor expectations for memory wafer fab equipment "may be inflated." 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 LBTYA;BORR;AUB;HGV;UCTT From the Last 2 Days
LBTYA
Mar 27, 2024 | 12:20 EDT
Liberty Media is in exclusive talks to acquire MotoGP's parent for over EUR 4B, Financial Times reports, citing people familiar with the matter. Reference Link