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Fly Intel: Top five analyst downgrades » 10:03
06/30/20
06/30
10:03
06/30/20
10:03
FET

Forum Energy

$0.53 /

-0.0133 (-2.45%)

, LNDC

Landec

$8.34 /

-1.47 (-14.98%)

, PSV

Hermitage Offshore Services

$0.59 /

-0.0239 (-3.89%)

, APO

Apollo Global

$48.66 /

+0.76 (+1.59%)

, ERII

Energy Recovery

$7.43 /

-1.45 (-16.33%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Forum Energy (FET) downgraded to Neutral from Overweight at Piper Sandler. 2. Landec (LNDC) downgraded to Market Perform from Outperform at Barrington with analyst Michael Petusky saying the company last night announced that it would fall well short of its previous profitability guidance for the fiscal Q4. 3. Hermitage Offshore Services (PSV) downgraded to Neutral from Buy at BTIG with analyst Gregory Lewis saying he anticipates a multi-year delay in any meaningful recovery in the offshore supply boat market combined along with the company's heavy debt load. 4. Apollo Global (APO) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Alexander Blostein saying after the 100% rally off the lows in March, Apollo's valuation more appropriately reflects its earnings mix and "solid" growth prospects, both of which remain intact. 5. Energy Recovery (ERII) downgraded to Neutral from Buy at B. Riley FBR with analyst Thomas Curran saying with the termination of its 15-year exclusive licensing deal with Schlumberger (SLB), Energy Recovery has lost the technology key to its ongoing effort to advance the VorTeq into commercialization. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
LNDC Landec
$8.34 /

-1.47 (-14.98%)

FET Forum Energy
$0.53 /

-0.0133 (-2.45%)

ERII Energy Recovery
$7.43 /

-1.45 (-16.33%)

APO Apollo Global
$48.66 /

+0.76 (+1.59%)

FET Forum Energy
$0.53 /

-0.0133 (-2.45%)

06/29/20 Piper Sandler
Forum Energy downgraded to Neutral from Overweight at Piper Sandler
03/19/20 Barclays
Forum Energy downgraded to Underweight from Equal Weight at Barclays
03/16/20 Morgan Stanley
Forum Energy downgraded to Underweight from Equal Weight at Morgan Stanley
03/11/20 Tudor Pickering
Forum Energy downgraded to Sell from Buy at Tudor Pickering
LNDC Landec
$8.34 /

-1.47 (-14.98%)

06/30/20 Lake Street
Landec price target raised to $11 after revenue beat at Lake Street
06/30/20 Barrington
Landec downgraded to Market Perform from Outperform at Barrington
04/21/20 Roth Capital
Landec upgraded to Buy from Neutral at Roth Capital
04/01/20 Barrington
Landec upgraded to Outperform from Market Perform at Barrington
PSV Hermitage Offshore Services
$0.59 /

-0.0239 (-3.89%)

06/29/20 BTIG
Hermitage Offshore Services downgraded to Neutral from Buy at BTIG
APO Apollo Global
$48.66 /

+0.76 (+1.59%)

06/30/20 Goldman Sachs
Apollo Global downgraded to Buy from Conviction Buy at Goldman Sachs
06/08/20 Citi
Citi downgrades Alternative Asset Managers to Market Weight, lowers four ratings
06/08/20 Citi
Apollo Global downgraded to Neutral from Buy at Citi
05/14/20 BMO Capital
Apollo Global downgraded to Market Perform on valuation at BMO Capital
ERII Energy Recovery
$7.43 /

-1.45 (-16.33%)

06/30/20 B. Riley FBR
B. Riley FBR downgrades Energy Recovery on Schlumberger deal exit
06/30/20 B. Riley FBR
Energy Recovery downgraded to Neutral from Buy at B. Riley FBR
03/09/20 Evercore ISI
Energy Recovery downgraded to In Line from Outperform at Evercore ISI
10/24/19 Raymond James
Energy Recovery initiated with an Outperform, $12 price target at Raymond James
LNDC Landec
$8.34 /

-1.47 (-14.98%)

FET Forum Energy
$0.53 /

-0.0133 (-2.45%)

ERII Energy Recovery
$7.43 /

-1.45 (-16.33%)

APO Apollo Global
$48.66 /

+0.76 (+1.59%)

  • 12
    May
  • 26
    Nov
LNDC Landec
$8.34 /

-1.47 (-14.98%)

APO Apollo Global
$48.66 /

+0.76 (+1.59%)

FET Forum Energy
$0.53 /

-0.0133 (-2.45%)

ERII Energy Recovery
$7.43 /

-1.45 (-16.33%)

APO Apollo Global
$48.66 /

+0.76 (+1.59%)

LNDC Landec
$8.34 /

-1.47 (-14.98%)

APO Apollo Global
$48.66 /

+0.76 (+1.59%)

Downgrade
Hermitage Offshore Services downgraded to Neutral from Buy at BTIG » 17:05
06/29/20
06/29
17:05
06/29/20
17:05
PSV

Hermitage Offshore Services

$0.62 /

-0.0399 (-6.09%)

BTIG analyst Gregory…

BTIG analyst Gregory Lewis downgraded Hermitage Offshore Services to Neutral from Buy. The analyst anticipates a multi-year delay in any meaningful recovery in the offshore supply boat market combined along with the company's heavy debt load. Lewis notes that with Q2 "basically in the books", Hermitage Offshore's platform supply boat rates in the North Sea are down about 70% from last year even as Q2-Q3 are typically the strongest part of the year for supply boat rates.

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