Barrington Research Downgrades ModivCare to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Michael Petusky has downgraded ModivCare (NASDAQ:MODV) from Outperform to Market Perform, indicating a change in the firm's outlook on the company's stock.

February 26, 2024 | 2:28 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
ModivCare's stock has been downgraded by Barrington Research from Outperform to Market Perform, suggesting a neutral outlook on the stock's future performance.
The downgrade by a reputable analyst like Michael Petusky from Barrington Research can influence investor sentiment and potentially lead to a neutral or slightly negative short-term impact on ModivCare's stock price. However, the change to 'Market Perform' suggests a lack of strong negative catalysts, hence the neutral score.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100