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. Splunk (SPLK) downgraded to Hold from Buy at Stifel and Summit Insights, downgraded to Neutral from Overweight at JPMorgan and downgraded to Neutral from Buy at Mizuho, BTIG and DA Davidson. 2. GlaxoSmithKline (GSK) downgraded to Neutral from Buy at UBS with analyst Laura Sutcliffe saying the European pharma sector is “cheap but not a bargain.” 3. Funko (FNKO) downgraded to Underperform from Market Perform at BMO Capital with analyst Gerrick Johnson saying investors have recently bid up shares in anticipation of new entertainment in 2021, which should drive sales of the company’s collectible and pop culture products. 4. Stitch Fix (SFIX) downgraded to Underweight from Equal Weight at Wells Fargo with analyst Ike Boruchow saying he believes the stock has run too far, resulting in an asymmetric risk/reward that is skewed to the downside. 5. Omnicell (OMCL) downgraded to Neutral from Overweight at Cantor Fitzgerald with analyst Steven Halper 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)