Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Snap (SNAP) downgraded to Hold from Buy at Deutsche Bank with analyst Lloyd Walmsley saying the risk/reward is more balanced with the shares up 29% since August 11. 2. Owens Corning (OC) downgraded to Neutral from Buy at Nomura Instinet with analyst Michael Wood saying high expectations create a balanced risk/reward at current share levels. 3. Kroger (KR) downgraded to Hold from Buy at Deutsche Bank with analyst Shane Higgins saying the company's sales and earnings growth for the next few years are likely to be below historical averages as it enters a period of increased investment, which warrants a lower multiple. 4. Sony (SNE) downgraded to Neutral from Buy at Citi with analyst Kota Ezawa saying the shares, following the recent rally, are now around fair value. The analyst expects the company's earnings growth to slow. 5. Newell Brands (NWL) downgraded to Hold from Buy at Jefferies with analyst Kevin Grundy citing management's "recent cautionary commentary" on its outlook for the second half of 2018. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report first quarter 2024 results after market close on Wednesday, April 24 with a conference call scheduled for 5 pm ET. Here's what to... To see the rest of the story go to thefly.com. See Story Here

Attorney General Bob Ferguson announced he signed onto a pending resolution with Kroger that will bring in $47.5M to combat the opioid epidemic in Washington state. Half of these resources will go to the state and the other half will go to Washington city and county governments. The $47.5M will be paid over 11 years. The first payment of $4.3M will come within a few months of the resolution being finalized by the litigating states and local jurisdictions, Ferguson said in a statement.

JPMorgan analyst Ken Goldman added Albertsons (ACI) to the firm's Analyst Focus List as a value idea and placed the stock on "Positive Catalyst Watch" following the fiscal Q4 earnings release. The "gap between the current share price and fair value is too wide," the analyst tells investors in a research note. The firm says its trimming of out-year estimates does not impair Albertsons' standalone value, which it estimates at $24 per share. JPMorgan continues to believe the stock's valuation discount to Kroger (KR) is too wide given the companies similarities. It also believes the probability that Albertsons gets bought has increased, given yesterday's announcement that additional stores and services will be sent C&S's way. The firm says the risk/reward for Albertsons stock "is becoming too appealing to ignore." It keeps an Overweight rating on the name with a $27 price target.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Vista... To see the rest of the story go to thefly.com. See Story Here