Morgan Stanley analyst Ismael Dabo downgraded Scor to Equal Weight from Overweight with a price target of EUR 25, down from EUR 36. The company’s profit warning “was proactive but disappointing,” the analyst tells investors in a research note. The firm cites a lack of earnings visibility for the downgrade.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCRYY: