Catch up on today’s top five analyst downgrades with this list compiled by The Fly: 1. Zynga (ZNGA) downgraded to Hold from Buy at Berenberg. 2. Embraer (ERJ) downgraded to Underweight from Equal Weight at Morgan Stanley. 3. Varian (VAR) downgraded to Neutral from Buy at BTIG with analyst Marie Thibault downgraded saying she continues to expect the acquisition to proceed as planned, with the deal expected to be finalized during the first half of 2021. 4. Motorola Solutions (MSI) downgraded to Hold from Buy at Argus with analyst Jim Kelleher saying that given the economic fallout of COVID-19, state and local government tax receipts will be under pressure over the “intermediate term,” which should restrict spending on new or upgraded civil agency networks. 5. Two Harbors (TWO) downgraded to Market Perform from Outperform at Raymond James with analyst Stephen Laws citing valuation. 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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