William Blair Downgrades SP Plus to Market Perform
Portfolio Pulse from Benzinga Newsdesk
William Blair analyst Tim Mulrooney has downgraded SP Plus (NASDAQ:SP) from Outperform to Market Perform.
October 06, 2023 | 9:24 am
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SP Plus has been downgraded from Outperform to Market Perform by William Blair analyst Tim Mulrooney.
Analyst ratings often have a direct impact on stock prices. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will not outperform the market in the near future. This could lead to a decrease in the stock's price as investors adjust their expectations.
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