Catch up on today’s top five analyst downgrades with this list compiled by The Fly: 1. Fisker (FSR) downgraded to Sell from Neutral with Lordstown Motors (RIDE) downgraded to Neutral from Buy at Goldman Sachs. 2. Planet Fitness (PLNT) downgraded to Neutral from Overweight at Piper Sandler with analyst Peter Keith saying the speed of the company’s recovery is uncertain and a “bull case” now seems priced into the shares. 3. Shoals Technologies (SHLS) downgraded to Equal Weight from Overweight at Barclays with analyst Moses Sutton telling investors to not “over-concentrate” in U.S. solar heading into the Q1 results. 4. Braskem (BAK) downgraded to Hold from Buy at HSBC with analyst Lilyanna Yang citing valuation. 5. Welbilt (WBT) downgraded to Sector Weight from Overweight at KeyBanc with analyst Jeffrey Hammond seeing the likelihood of another bidder besides Middleby (MIDD) emerging as low. 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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