Fly Intel: Top five analyst downgrades - InvestingChannel

Fly Intel: Top five analyst downgrades

Catch up on today’s top five analyst downgrades with this list compiled by The Fly:

1. Apple (AAPL) downgraded to Sell from Hold at Maxim with analyst Nehal Chokshi saying his survey data lead him to project iPhone revenue in fiscal Q2 that is 14% below consensus iPhone revenue that is 6% below consensus for fiscal year 2020. He also expects operating profit to decline year-over-year due to his below consensus iPhone view.


2. Kraft Heinz (KHC) downgraded to Sell from Neutral at Goldman Sachs with analyst Jason English saying shares are up 15% since the company reported Q3 results on October 31.

3. Verizon (VZ), AT&T (T), and T-Mobile (TMUS) downgraded to Hold from Buy at HSBC.


4. Myomo (MYO) downgraded to Neutral from Buy at Roth below consensus for fiscal year 2020. He also expects operating profit to decline year-over-year due to his below consensus iPhone view.


5. Albemarle (ALB) downgraded to Neutral from Buy at Seaport Global with analyst Michael Harrison saying “challenging” lithium market dynamics are now anticipated to continue though 2020.


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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