Catch up on today’s top five analyst downgrades with this list compiled by The Fly: 1. Five9 (FIVN) downgraded to Neutral from Overweight at JPMorgan and downgraded to Neutral from Overweight at Piper Sandler. 2. Atotech (ATC) downgraded to Sector Perform from Outperform at RBC Capital with analyst Arun Viswanathan saying Atotech should continue to benefit from secular trends in digitalization with 5G buildout, cloud computing, EV, and growing consumer demand for longer-lasting, sustainable high-quality products. 3. Teladoc (TDOC) downgraded to Hold from Buy at Deutsche Bank with analyst George Hill saying membership growth was up only 1% year-over-year as the company was in execution mode around service delivery and total visits were up 27.5%. 4. Hoegh LNG Partners (HMLP) downgraded to Neutral from Buy at B. Riley and downgraded to Underweight from Overweight at Barclays. 5. Helix Energy (HLX) downgraded to Neutral from Overweight at Piper Sandler with analyst Ian Macpherson “materially” lowering 2022 estimates saying the “recovery thesis appears to be drifting to the right.” 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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