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Fly News Breaks for February 19, 2020
Feb 19, 2020 | 10:25 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Sunrun (RUN) downgraded to Sector Weight from Overweight at KeyBanc with analyst Sophie Karp citing valuation. 2. Culp, Inc. (CULP) downgraded to Hold from Buy at Stifel with analyst John Baugh saying management had expected to see "significant" improvements in the Q4 year ago, which saw a large drop in pre-tax income, but now only sees "slightly better" results in the Q4 this year compared to a year ago. 3. ASGN (ASGN) downgraded to Hold from Buy at Jefferies with analyst Surinder Thind saying he believes the faster than expected slowdown in organic growth to mid single digits reflects "a new near-term normal" as headcount growth in the Apex business has stalled and is unlikely to return to previous levels. 4. Fluor (FLR) was downgraded to Hold from Buy at Canaccord and to Neutral from Outperform at Credit Suisse. 5. Tencent Music (TME) downgraded to Perform from Outperform at Oppenheimer with analyst Bo Pei saying he expects in-line Q4 results but is lowering 2020 estimates. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For RUN;CULP;ASGN;FLR;TME From the Last 2 Days
May 13, 2021 | 16:41 EDT
Wall Street's major averages had a bounce back after falling for the past three sessions. A report on... To see the rest of the story go to See Story Here
May 13, 2021 | 12:25 EDT
The major averages are firmer, having reversed losses seen overnight. The stock market... To see the rest of the story go to See Story Here
May 13, 2021 | 10:00 EDT
Fluor is down -9.6%, or -$2.28 to $21.50.
May 12, 2021 | 20:45 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGSFuel... To see the rest of the story go to See Story Here