Mar 23, 2016

Posted by in Stock Reports | 0 Comments

Recent Brokerage Downgrades: The Valspar Corp (NYSE:VAL), Mattress Firm Holding Corp (NASDAQ:MFRM), Barclays PLC (ADR) (NYSE:BCS)

Recent Brokerage Downgrades: The Valspar Corp (NYSE:VAL), Mattress Firm Holding Corp (NASDAQ:MFRM), Barclays PLC (ADR) (NYSE:BCS)

Analysts have been actively evaluating companies as long as there have been stocks, but they’re more popular and get more exposure than ever thanks to round-the-clock stock market news and online resources. Analysts’ notoriety has also increased. But while analysts typically have similar credentials, they aren’t all the same.

The reputation and credibility of a company and the research firm depends on the efforts they make to inform investors. A company does not want to be tarnished by being associated with disreputable research. Similarly, a research firm will only want to analyze companies that have strong fundamentals and long-term investment potential.

The Valspar Corp (NYSE:VAL) received a stock rating downgrade from Longbow Tuesday.In a note to investors, the firm issued a Neutral rating and Buy rating on the stock. The average analysts that follow this company have a ‘Buy’ rating on this stock, according to Zacks Investment Research. 3 maintain strong buy rating, 1 set the stock as buy, 1 give underperform rating and 1 suggests selling.

Mattress Firm Holding Corp (NASDAQ:MFRM) was dropped to Neutral from Buy at Sun Trust Rbsn Humphrey. It has earned a consensus Buy rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 5 have assigned a hold rating, 1 says it’s a buy and 2 have assigned a strong buy rating to the company.

Barclays PLC (ADR) (NYSE:BCS) shares were down-3.75% on Tuesday after analysts at HSBC Securities downgraded the stock to Hold from Buy. The stock has a consensus Buy rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 5 have assigned a hold rating, 1 says it’s a buy, and 2 have assigned a strong buy rating to the company.

 

 

Comments are closed.