Catch up on today’s top five analyst downgrades with this list compiled by The Fly: 1. Wendy’s (WEN) downgraded to Neutral from Buy at Guggenheim and BTIG. 2. The Stars Group (TSG) downgraded to Underweight from Equal Weight at Barclays. 3. Whiting Petroleum (WLL) and Jagged Peak Energy (JAG) downgraded to Neutral from Buy at BofA/Merrill. 4. Dollar General (DG) downgraded to Market Perform from Outperform at Bernstein with analyst Brandon Fletcher saying he believes its future story is well understood, and the upside is probably priced into the stock already. 5. Wells Fargo (WFC) downgraded to Neutral from Buy at UBS with analyst Saul Martinez citing his reduced estimates for earnings and lower net interest income along with the continued uncertainty and low visibility around the progress in the management’s efficiency improvements. This list is just a portion of The Fly’s full analyst coverage. To see The Fly’s full Street Research coverage, (click here.):(http://thefly.com/streetResearch.php)
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