Keybanc Downgrades Farfetch to Sector Weight
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Noah Zatzkin has downgraded Farfetch (NYSE:FTCH) from Overweight to Sector Weight.

August 18, 2023 | 8:29 am
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Farfetch has been downgraded by Keybanc from Overweight to Sector Weight.
Analyst ratings often have a direct impact on stock prices. A downgrade from Overweight to Sector Weight suggests that the analyst believes the stock may perform in line with the average return of the sector. This could potentially lead to a decrease in the stock price as investors adjust their expectations.
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