| 2020-09-25 09:59:06|
UTI, WRE… 09:59 09/25 09/25/20
Fly Intel: Top analyst downgrades
Catch up on today's top analyst downgrades with this list compiled by The Fly: 1. Universal Technical (UTI) downgraded to Hold from Buy at Argus with analyst David Coleman sawing with the coronavirus pandemic forcing the company to suspend in-person classes in mid-March, management has suspended guidance and the earnings outlook is "not very clear," said the firm, which lowered its EPS estimates for both this year and next. 2. Washington REIT (WRE) downgraded to Equalweight from Overweight at Capital One. 3. Avangrid (AGR) downgraded to Underperform from Neutral at BofA with analyst Julien Dumoulin-Smith saying the stock has remained "resilient" despite the "persistent" sell-off in utilities and given the "sharp discount" of regional peers such as Con Edison (ED). 4. Voltalia (VLTAF) downgraded to Neutral from Buy at Oddo BHF. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.