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Fly News Breaks for May 10, 2019
HBM, INXN, SHSP, NVRO, ENTG
May 10, 2019 | 10:20 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Hudbay Minerals (HBM) downgraded to Market Perform from Outperform at BMO Capital wwith analyst Jackie Przybylowski saying the company is entering a "naturally relatively slow period" in its news flow. 2. Nevro (NVRO) downgraded to Hold from Buy at Canaccord with analyst Jason Mills stating that while he expected Q1 would be "ugly," results were "a little worse" than he expected. 3. Interxion (INXN) downgraded to Perform from Outperform at Oppenheimer with analyst Tim Horan citing valuation. 4. Entegris (ENTG) downgraded to Neutral from Buy at Citi with analyst Atif Malik saying he expects consumable stocks tied to overall wafer or display starts to "slow down" in the second half of 2019. 5. SharpSpring (SHSP) downgraded to Hold from Buy at Craig-Hallum with analyst Mike Malouf stating the company is effectively competing against market leaders and gaining share, but that its increasing marketing and R&D spending will push out profitability. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.