US Top Rating Updates on 11/11: ROKU, LHX, NU, GDDY and More
JPMorgan Downgrades Nu Holdings on Concerning Trends into Q3 Report
JPMorgan analyst Domingos Falavina downgraded $Nu Holdings(NU.US$ to Underweight from Neutral without a price target. "Recent reports from other large cap banks in Brazil have been concerning to us," Falavina tells investors in a research note.
First Advantage Downgraded to Equal Weight From Overweight at Barclays
Barclays analyst Manav Patnaik downgraded $First Advantage(FA.US$ to Equal Weight from Overweight with a price target of $14, down from $20. The analyst cites the unexpected "miss and cut" this quarter for the downgrade. The unexpected quarterly misses and lowered guidance "speak to a potential lack of visibility for the businesses during uncertain periods," Patnaik tells investors in a research note.
Roku Initiated With a Hold at Jefferies
Jefferies analyst Andrew Uerkwitz initiated coverage of $Roku Inc(ROKU.US$ with a Hold rating and $45 price target.
Source: Seeking Alpha, The Fly
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Seewhy84 : Without solid backing from the Q3 report, just concerning trend lead to massive sell down. What a joke, JP Morgan analyst. Nothing substantial, another trap to let people sell down, while they buy up quietly,
Seewhy84 : See what I meant by the JOKE analyst.
101794659 Seewhy84: Spot on.