William Blair Downgrades Snap One Holdings to Market Perform
Portfolio Pulse from Benzinga Newsdesk
William Blair analyst Ryan Merkel downgrades Snap One Holdings (NASDAQ:SNPO) from Outperform to Market Perform, indicating a neutral outlook on the company's stock.
April 15, 2024 | 3:18 pm
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Snap One Holdings downgraded from Outperform to Market Perform by William Blair analyst Ryan Merkel.
Analyst downgrades typically lead to a neutral or negative short-term impact on the stock price. However, since the downgrade is to Market Perform, it suggests a neutral outlook rather than a negative one, which might not lead to significant short-term price movement.
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