Barclays Downgrades Emerald Expositions Events (EEX) to Underweight

Barclays analyst Manav Patnaik downgraded Emerald Expositions Events (NYSE: EEX) from Equalweight to Underweight with a price target of $12.00.

The analyst NT trends "uninspiring" and believes by the time management regains credibility, we could be facing recessionary concerns. He believes the only upside catalyst would be some form of strategic review.

For an analyst ratings summary and ratings history on Emerald Expositions Events click here. For more ratings news on Emerald Expositions Events click here.

Shares of Emerald Expositions Events closed at $13.70 yesterday.

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