JP Morgan Downgrades Solo Brands to Underweight
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers has downgraded Solo Brands (NYSE:DTC) from Overweight to Underweight, indicating a negative outlook on the company's stock.

February 02, 2024 | 11:35 am
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Solo Brands has been downgraded by JP Morgan from Overweight to Underweight, suggesting a bearish view on the stock's future performance.
The downgrade by a prominent analyst from JP Morgan directly impacts investor sentiment towards Solo Brands, likely leading to a negative short-term price movement due to perceived challenges or underperformance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100