AAC Holdings (AAC) Misses Q3 EPS by 4c

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Mizuho Securities Downgrades AAC Holdings (AAC) to Neutral

November 4, 2016 6:24 AM EDT

Mizuho Securities downgraded AAC Holdings (NYSE: AAC) from Outperform to Neutral with a price target of $14.00 (from $26.00) following weak guidance.

Analyst Ann Hynes commented, "We are downgrading AAC to Neutral from Buy given this morning's guidance reduction which, at that midpoint, is a ~10%... More