| 2021-01-22 09:55:10|
BHC, CSX… 09:55 01/22 01/22/21
Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Bausch Health (BHC) downgraded to Neutral from Overweight at Piper Sandler with analyst David Amsellem saying the visibility into the sustainability of cash flows for the remaining company "gives us pause." 2. CSX (CSX) downgraded to Hold from Buy at Stifel with analyst David Ross citing valuation. 3. Loop Industries (LOOP) downgraded to Neutral from Buy at H.C. Wainwright with analyst Amit Dayal saying the rating change is primarily driven by continued pushout on development milestones for the company's first commercial plant, due to execution disruptions from COVID-19 restrictions. 4. Regis (RGS) downgraded to Hold from Buy at Jefferies with analyst Stephanie Wissink saying she thinks the timeline to fully exploit a developed franchise system appears pushed out. 5. TPI Composites (TPIC) downgraded to Neutral from Buy at UBS with analyst Jon Windham saying he sees the risk/reward as more balanced following a 96% increase in the share price over the last three months. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, .click here.