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KNSL

Kinsale Capital Group

$169.50 /

-0.08 (-0.05%)

, CWT

California Water Service

$60.28 /

-0.02 (-0.03%)

09:54
04/16/21
04/16
09:54
04/16/21
09:54

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Kinsale Capital Group (KNSL) downgraded to Neutral from Overweight at JPMorgan with analyst Pablo Singzon saying the shares are trading 21% higher than its 2019 multiple. 2. California Water Service (CWT) downgraded to Sell from Neutral at Seaport Global with analyst Angie Storozynski saying the upcoming general rate case and the cost of capital review in California both pose downside risks to 2023 earnings expectations, in light of which the stock's current valuation looks "full." 3. Goodyear Tire (GT) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Victoria Greer saying she continues to like the Cooper deal, sees potential for incremental savings from plant closures, and remains positive on tire industry pricing, but she expects the stock to consolidate gains near current levels. 4. Splunk (SPLK) downgraded to Sector Weight from Overweight at KeyBanc with analyst Michael Turits saying the resignation of CTO Tim Tully comes at a "tough time" during the transition this year of the cloud customer base to SCP. 5. Liberty Latin America (LILA) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Cesar Medina saying with his re-opening thesis playing out, he is "taking profits" given the stock's 27% year-to-date outperformance versus other Latam TMT names. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

KNSL

Kinsale Capital Group

$169.50 /

-0.08 (-0.05%)

CWT

California Water Service

$60.28 /

-0.02 (-0.03%)

GT

Goodyear Tire

$17.69 /

-0.215 (-1.20%)

SPLK

Splunk

$137.31 /

-11.09 (-7.47%)

LILA

Liberty Latin America

$13.84 /

+0.05 (+0.36%)

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KNSL Kinsale Capital Group
$169.50 /

-0.08 (-0.05%)

04/16/21 JPMorgan
Kinsale Capital Group downgraded to Neutral from Overweight at JPMorgan
04/13/21 Truist
Kinsale Capital Group price target lowered to $210 from $245 at Truist
02/26/21 Compass Point
Kinsale Capital Group upgraded to Buy from Neutral at Compass Point
01/14/21 Truist
Kinsale Capital Group price target raised to $245 from $220 at Truist
CWT California Water Service
$60.28 /

-0.02 (-0.03%)

04/16/21 Seaport Global
California Water Service downgraded to Sell from Neutral at Seaport Global
03/04/21 Wells Fargo
California Water Service downgraded to Underweight at Wells Fargo
01/08/21 Janney Montgomery Scott
California Water downgraded to Neutral on valuation at Janney
01/08/21 Janney Montgomery Scott
California Water Service downgraded to Neutral from Buy at Janney Montgomery Scott
GT Goodyear Tire
$17.69 /

-0.215 (-1.20%)

04/16/21 Morgan Stanley
Morgan Stanley downgrades Goodyear Tire to Equal Weight after 'strong run'
04/16/21 Morgan Stanley
Goodyear Tire downgraded to Equal Weight from Overweight at Morgan Stanley
02/16/21 Argus
Goodyear Tire upgraded to Buy from Hold at Argus
02/16/21 Argus
Goodyear Tire upgraded to Buy from Hold at Argus
SPLK Splunk
$137.31 /

-11.09 (-7.47%)

04/16/21 KeyBanc
Splunk downgraded to Sector Weight from Overweight at KeyBanc
04/08/21 BofA
Splunk reinstated with a Buy at BofA
04/08/21 BofA
Splunk reinstated with a Buy at BofA
04/05/21 Goldman Sachs
Splunk chief growth officer hire a 'significant positive,' says Goldman Sachs
LILA Liberty Latin America
$13.84 /

+0.05 (+0.36%)

04/16/21 Morgan Stanley
Liberty Latin America downgraded to Equal Weight from Overweight at Morgan Stanley
03/09/21 Barclays
Liberty Latin America price target raised to $14 from $12 at Barclays
11/05/20 Scotiabank
Liberty Latin America downgraded to Underperform at Scotiabank
11/05/20 Scotiabank
Liberty Latin America downgraded to Underperform from Sector Perform at Scotiabank

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