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DFS

Discover

$100.03 /

-2.26 (-2.21%)

, CHD

Church & Dwight

$86.22 /

-1.82 (-2.07%)

09:53
04/19/21
04/19
09:53
04/19/21
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. Discover (DFS) downgraded to Market Perform from Outperform at BMO Capital with analyst James Fotheringham citing "exclusively" valuation for the downgrade. 2. Church & Dwight (CHD) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Dara Mohsenian saying the stock looks "priced to perfection" in an environment that is not favorable to U.S. household and personal care names. 3. PPD (PPD) downgraded to Neutral from Outperform at Credit Suisse and downgraded to Neutral from Buy at Mizuho and Citi. 4. Skechers (SKX) downgraded to Neutral from Buy at Monness Crespi with analyst Jim Chartier saying while he thinks trends in the U.S. and China were likely strong in Q1, lockdowns in Europe were likely a sales headwind and near-term visibility remains limited given some EU lockdowns continuing into April and a slower than expected vaccine rollout across most of Europe. 5. Progressive (PGR) downgraded to Outperform from Strong Buy at Raymond James with analyst C. Gregory Peters saying as the benefits from Covid begin to lapse, the analyst expects accident frequency to increase and lower margins. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

DFS

Discover

$100.03 /

-2.26 (-2.21%)

CHD

Church & Dwight

$86.22 /

-1.82 (-2.07%)

PPD

PPD

$46.30 /

+ (+0.00%)

SKX

Skechers

$44.59 /

-0.24 (-0.54%)

PGR

Progressive

$98.30 /

-0.49 (-0.50%)

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DFS Discover
$100.03 /

-2.26 (-2.21%)

04/18/21 BMO Capital
Discover downgraded to Market Perform from Outperform at BMO Capital
04/16/21 Piper Sandler
Discover price target raised to $103 from $97 at Piper Sandler
04/08/21 Piper Sandler
Discover price target raised to $97 from $94 at Piper Sandler
03/17/21 Wedbush
LendingClub price target raised to $20.50 from $14 at Wedbush
CHD Church & Dwight
$86.22 /

-1.82 (-2.07%)

04/19/21 Morgan Stanley
Church & Dwight downgraded to Underweight from Equal Weight at Morgan Stanley
04/16/21 JPMorgan
Church & Dwight price target raised to $80 from $79 at JPMorgan
12/07/20 Wells Fargo
Church & Dwight initiated with an Equal Weight at Wells Fargo
08/03/20 Truist
Church & Dwight price target raised to $105 from $90 at Truist
PPD PPD
$46.30 /

+ (+0.00%)

04/19/21 Citi
PPD downgraded to Neutral from Buy at Citi
04/19/21 Mizuho
PPD downgraded to Neutral from Buy at Mizuho
04/19/21 Credit Suisse
PPD downgraded to Neutral from Outperform at Credit Suisse
04/16/21 Deutsche Bank
PPD downgraded to Hold from Buy at Deutsche Bank
SKX Skechers
$44.59 /

-0.24 (-0.54%)

04/19/21 Monness Crespi
Skechers downgraded to Neutral on EU lockdown headwinds at Monness Crespi
04/19/21 Monness Crespi
Skechers downgraded to Neutral from Buy at Monness Crespi
04/19/21 Deutsche Bank
Skechers price target raised to $49 from $41 at Deutsche Bank
01/22/21 Williams Capital
Skechers initiated with a Hold at Williams Trading
PGR Progressive
$98.30 /

-0.49 (-0.50%)

04/19/21 Raymond James
Progressive downgraded to Outperform from Strong Buy at Raymond James
03/18/21 Edward Jones
Progressive upgraded to Buy from Hold at Edward Jones
03/09/21 BofA
BofA starts Root at Underperform with $9 price target
02/01/21 Deutsche Bank
Progressive price target lowered to $105 from $108 at Deutsche Bank

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