Stephens & Co. Downgrades Hostess Brands to Equal-Weight
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Farha Aslam has downgraded Hostess Brands (NASDAQ:TWNK) from Overweight to Equal-Weight.
September 12, 2023 | 11:08 am
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NEGATIVE IMPACT
Hostess Brands has been downgraded from Overweight to Equal-Weight by Stephens & Co.
The downgrade from Overweight to Equal-Weight by Stephens & Co. suggests that the analyst believes the stock may perform in line with the market or sector average, rather than outperforming it. This could potentially lead to a decrease in demand for the stock, and subsequently, a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100