On the fly News and insights, exclusive to thefly.com

APRN

Blue Apron

$1.15 /

-0.015 (-1.29%)

, HZNP

Horizon Therapeutics

$20.27 /

-0.96 (-4.52%)

10:24
11/15/18
11/15
10:24
11/15/18
10:24

On The Fly: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Blue Apron (APRN) downgraded to Neutral from Buy at Guggenheim with analyst Michael Graham saying the company's net loss of 71K customers was higher than anticipated even though EBITDA came in higher than expected. 2. Horizon Pharma (HZNP) downgraded to Neutral from Buy at Mizuho with analyst Irina Koffler saying after she spoke with management about planned investments in teprotumumab pre-launch and the Mirror trial, she reduced her 2019 forecasts for Krystexxa and Actimmune to below consensus. 3. Cabot Oil & Gas (COG) downgraded to Hold from Buy at Tudor Pickering. 4. Hawaiian Electric (HE) downgraded to Underperform from Neutral at BofA/Merrill with analyst Julien Dumoulin-Smith citing strong relative share performance on investor activism. 5. PG&E (PCG) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Stephen Byrd saying he sees an "unprecedented" level of uncertainty given that there is currently no liability cap that would be applied to 2018 wildfires. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

APRN

Blue Apron

$1.15 /

-0.015 (-1.29%)

HZNP

Horizon Therapeutics

$20.27 /

-0.96 (-4.52%)

COG

Cabot Oil & Gas

$25.54 /

-0.29 (-1.12%)

HE

Hawaiian Electric

$37.07 /

-0.73 (-1.93%)

PCG

PG&E

$19.62 /

-6.04 (-23.54%)

  • 15

    Nov

  • 26

    Nov

  • 27

    Nov

  • 28

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.