| 2021-09-21 09:54:04|
OSK, DSX… 09:54 09/21 09/21/21
Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Oshkosh (OSK) downgraded to Hold from Buy at Jefferies with analyst Stephen Volkmann seeing near-term delivery headwinds and medium-term headwinds to both the company's sales and margins in defense. 2. Diana Shipping (DSX) downgraded to Neutral from Buy at BTIG with analyst Gregory Lewis saying iron ore trade should create increased Cape spot rate volatility. 3. Big Lots (BIG) downgraded to Neutral from Overweight at Piper Sandler with analyst Peter Keith seeing a "trifecta of macro headwinds" impacting the company's fundamentals through the first half of 2022. 4. Zumiez (ZUMZ) downgraded to Hold from Buy at Jefferies with analyst Janine Stichter expecting the company's sales and margin trends to lag peers near-term, keeping the stock's valuation "constrained." 5. General Mills (GIS) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Pamela Kaufman saying she is cautious on center-store packaged food fundamentals given what she calls "the highest commodity/input cost inflation in over a decade" and the subsiding of COVID-driven tailwinds to sales. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.