Brean Murray Carret & Co. Downgrades China Hydroelectric Corp (CHC) to Hold; Valuation Call
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Price: $3.45 --0%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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Brean Murray Carret & Co. downgraded China Hydroelectric Corporation (NYSE: CHC) from Buy to Hold.
Brean analyst says, "Negative Q1 results magnified by tough YOY comparisons...Lowering forward estimates due to ongoing drought conditions."
For more ratings news on China Hydroelectric Corporation click here and for the rating history of China Hydroelectric Corporation click here.
Shares of China Hydroelectric Corporation closed at $5.16 yesterday.
Brean analyst says, "Negative Q1 results magnified by tough YOY comparisons...Lowering forward estimates due to ongoing drought conditions."
For more ratings news on China Hydroelectric Corporation click here and for the rating history of China Hydroelectric Corporation click here.
Shares of China Hydroelectric Corporation closed at $5.16 yesterday.
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