2020-05-29 10:09:25 | Fly Intel: Top five analyst downgradesCatch up on today's top five analyst downgrades with this list compiled by The Fly: 1. VF Corp. (VFC) downgraded to Hold from Buy at Argus with analyst John Staszak citing slower sales of Vans and Timberland footwear as well as its high inventory of North Face products. 2. Halliburton (HAL) downgraded to Market Perform from Outperform at Cowen with analyst Marc Bianchi saying he believes the upside in the stock has been largely capped following its recent run. 3. Winnebago (WGO) downgraded to Neutral from Buy at Sidoti. 4. Generac (GNRC) downgraded to Neutral from Buy at Northcoast with analyst Tom Hayes saying he views the current valuation as "overdone." 5. DXC Technology (DXC) downgraded to Neutral from Overweight at JPMorgan with analyst Tien-tsin Huang saying his prior thesis calling for "healthy" capital deployment to shareholders no longer applies now that DXC has suspended its dividend, a quarter after shelving share repurchases to prioritize debt paydown. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. | |
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