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Fly News Breaks for April 16, 2018
CROX, BIG, DLTR, DG, DF, SJM, MCD
Apr 16, 2018 | 10:22 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. McDonald's (MCD) downgraded to Equal Weight from Overweight at Stephens with analyst Will Slabaugh saying he believes the mid-single-digit comp growth of recent quarters should not be considered the norm. 2. J.M. Smucker (SJM) downgraded to Underperform from Neutral at Credit Suisse with analyst Robert Moskow saying he believes that while the company has leading brands in two big, growing categories, the dynamic changes in consumer preferences have significantly devalued or commoditized its legacy brands and impaired its competitiveness. 3. Dean Foods (DF) downgraded to Sell from Neutral at Goldman Sachs. 4. Dollar General (DG), Dollar Tree (DLTR), and Big Lots (BIG) were downgraded to Outperform from Strong Buy at Raymond James. 5. Crocs (CROX) downgraded to Negative from Neutral at Susquehanna with analyst Sam Poser saying he believes its wholesale mid-single digit growth may not be sustainable for the next few years despite an expected acceleration of the sandal business. 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 MCD;SJM;DF;DG;DLTR;BIG;CROX From the Last 2 Days
CROX
Mar 18, 2024 | 15:06 EDT
Welcome to "Fly Insider," The Fly's weekly recap of notable insider stock transactions. NOTABLE INSIDER PURCHASES:... To see the rest of the story go to thefly.com. See Story Here