Janney Montgomery Scott Downgrades Consolidated Water Co to Neutral
Portfolio Pulse from richadhand@benzinga.com
Janney Montgomery Scott analyst Michael Gaugler has downgraded Consolidated Water Co (NASDAQ:CWCO) from Buy to Neutral.
July 06, 2023 | 10:49 am
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Consolidated Water Co has been downgraded from Buy to Neutral by Janney Montgomery Scott, which may impact investor sentiment.
Analyst ratings often influence investor sentiment and can impact a stock's price. A downgrade from Buy to Neutral suggests that the analyst sees less upside potential, which could lead to a decrease in the stock's price in the short term.
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