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. CAE (CAE) downgraded to Sector Perform from Outperform at Scotiabank. 2. Canada Goose (GOOS) was downgraded to Neutral from Buy at Goldman Sachs and to Market Perform from Outperform at Cowen. 3. MRC Global (MRC) downgraded to Market Perform from Outperform at Raymond James with analyst Sam Darkatsh saying his energy team’s change to forecasting rig count based on strip prices vs. internal oil price estimates is a material negative variance vs. his prior model, and his resultant estimates now approximate consensus at best. 4. MPLX (MPLX) downgraded to Neutral from Outperform at Credit Suisse with analyst Spiro Dounis saying the strategic review may be dilutive to MPLX for the benefit of Marathon Petroleum (MPC). 5. WWE (WWE) double downgraded to Underweight from Overweight at Wells Fargo with analyst Steven Cahall saying “There have been too many misfires at WWE for investors to take interest in the near future.” 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)