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2020-10-22 09:53:50 C Citi $42.84 / -0.16 (-0.37%) , GSX Symbol now GOTU $71.35 / +0.02 (+0.03%) … 09:53 10/22/20 10/22 09:53 10/22/20 09:53	Fly Intel: Top five analyst downgrades Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Citi (C) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Richard Ramsden saying the combination of the timing and resolution of the consent order, coupled with the CEO transition, will delay setting financial targets until the first half of 2021. 2. GSX Techedu (GSX) downgraded to Reduce from Neutral at Nomura with analyst Jessie Xu saying the company is likely to struggle with sluggish revenue growth amid "fierce competition" in the crowded Chinese marketplace for online education, while its customer acquisition costs are set to surge. 3. BorgWarner (BWA) downgraded to Equal Weight from Overweight at Barclays with analyst Brian Johnson saying "heightened risk" around a pull forward in battery electric vehicle penetration and car manufacturers insourcing the e-propulsion system may weigh on the stock's multiple. 4. Silgan Holdings (SLGN) downgraded to Neutral from Buy at BofA with analyst George Staphos saying that while the company had "good performance" in Q3, the stock was already outperforming the market by as much as 15% prior to reporting. 5. Wayfair (W) downgraded to Accumulate from Buy at Gordon Haskett. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. C Citi $42.84 / -0.16 (-0.37%) GSX Symbol now GOTU $71.35 / +0.02 (+0.03%) BWA BorgWarner $39.49 / -0.13 (-0.33%) SLGN Silgan Holdings $35.31 / -1.02 (-2.81%) W Wayfair $268.41 / -1.99 (-0.74%)	28 Oct 29 Oct 03 Nov 15 Jan 21 Nov

2020-10-22 09:53:50

Citi

$42.84 / -0.16 (-0.37%)

, GSX

Symbol now GOTU

$71.35 / +0.02 (+0.03%)

… 09:53

10/22/20

10/22

09:53

10/22/20

09:53

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Citi (C) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Richard Ramsden saying the combination of the timing and resolution of the consent order, coupled with the CEO transition, will delay setting financial targets until the first half of 2021. 2. GSX Techedu (GSX) downgraded to Reduce from Neutral at Nomura with analyst Jessie Xu saying the company is likely to struggle with sluggish revenue growth amid "fierce competition" in the crowded Chinese marketplace for online education, while its customer acquisition costs are set to surge. 3. BorgWarner (BWA) downgraded to Equal Weight from Overweight at Barclays with analyst Brian Johnson saying "heightened risk" around a pull forward in battery electric vehicle penetration and car manufacturers insourcing the e-propulsion system may weigh on the stock's multiple. 4. Silgan Holdings (SLGN) downgraded to Neutral from Buy at BofA with analyst George Staphos saying that while the company had "good performance" in Q3, the stock was already outperforming the market by as much as 15% prior to reporting. 5. Wayfair (W) downgraded to Accumulate from Buy at Gordon Haskett. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Citi