Credit Suisse Downgrades SPX Flow (FLOW) to Underperform

November 15, 2016 7:26 AM EST
Get Alerts FLOW Hot Sheet
Price: $35.09 --0%

Rating Summary:
    5 Buy, 3 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Credit Suisse downgraded SPX Flow (NYSE: FLOW) from Neutral to Underperform with a price target of $23.00 following the strong bounce in the shares since the election.

While they understand the 'risk on' move in the sector, the firm's analysis suggests that SPXC is not likely to be a major net beneficiary compared to other names in the EE/MI sector.

For an analyst ratings summary and ratings history on SPX Flow click here. For more ratings news on SPX Flow click here.

Shares of SPX Flow closed at $30.34 yesterday.

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