Consensus Cloud Solutions shares are trading lower after JP Morgan downgraded the stock from Neutral to Underweight.
Portfolio Pulse from Benzinga Newsdesk
Consensus Cloud Solutions shares fell after JP Morgan downgraded the stock from Neutral to Underweight.
September 09, 2024 | 6:19 pm
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NEGATIVE IMPACT
Consensus Cloud Solutions shares are trading lower following a downgrade by JP Morgan from Neutral to Underweight.
The downgrade by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100