B of A Securities Downgrades Concentrix to Neutral
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ruplu Bhattacharya has downgraded Concentrix (NASDAQ:CNXC) from Buy to Neutral.
June 29, 2023 | 4:40 pm
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Concentrix (NASDAQ:CNXC) has been downgraded from Buy to Neutral by B of A Securities.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for Concentrix. This could potentially lead to a decrease in the stock's price in the short term as investors may perceive this as a negative signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100