2021-12-01 10:02:48 | Fly Intel: Top five analyst downgradesCatch up on today's top five analyst downgrades with this list compiled by The Fly: 1. D.R. Horton (DHI) downgraded to Neutral from Buy at Goldman Sachs with analyst Susan Maklari believing the company's operational momentum and gains in the entry level segment is reflected in the current valuation. 2. Krispy Kreme (DNUT) downgraded to Sell from Neutral at Goldman Sachs with analyst Jared Garber saying rising cost pressures across many key inputs for Krispy Kreme's increasingly company-owned model present a key risk for margins. 3. Hello Group (MOMO) downgraded to Neutral from Buy at Citi with analyst Brian Dapeng Gong seeing "limited visibility of turning around" post the company's Q3 results. 4. American Water (AWK) downgraded to Underweight from Equal Weight at Wells Fargo with analyst Jonathan Reeder citing the group's overall valuation and his belief that water's relative P/E premium to electrics and gas LDCs is unsustainable longer-term. 5. Wolfspeed (WOLF) downgraded to Sell from Neutral at Arete. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. | |
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