Catch up on today’s top five analyst downgrades with this list compiled by The Fly:
1. Q2 Holdings (QTWO) was downgraded to Equal Weight from Overweight at Morgan Stanley and to Neutral from Buy at BTIG.
2. Brookfield Renewable (BEP) downgraded to Hold from Buy at Industrial Alliance.
3. Alteryx (AYX) downgraded to Neutral from Buy at Guggenheim with analyst Imtiaz Koujalgi saying although the disruption caused by the pandemic is a factor, he is worried about broader execution and demand challenges.
4. TTEC Holdings (TTEC) downgraded to Neutral from Buy at Sidoti.
5. Olin (OLN) downgraded to Neutral from Buy at BofA with analyst Steve Byrne saying the company’s Q2 results marked its third consecutive quarter of missed EBITDA. This list is just a portion of The Fly’s full analyst coverage. To see The Fly’s full Street Research coverage, Click Here!
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