JP Morgan Downgrades Aveanna Healthcare Hldgs to Underweight
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Lisa Gill has downgraded Aveanna Healthcare Holdings (AVAH) from Neutral to Underweight, indicating a bearish outlook on the company's stock.
December 13, 2023 | 11:57 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Aveanna Healthcare Holdings was downgraded by JP Morgan from Neutral to Underweight, suggesting potential underperformance relative to the market.
Downgrades by major financial institutions like JP Morgan can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The downgrade from Neutral to Underweight signifies that the analyst believes the stock will perform worse than the broader market.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100