Q: I'd like to follow up on your answer
Can you summarize why the three brokers downgraded WSP??? This might help me better evaluate the risks of owning the shares, as well as understand why the SP is declinng so much
Can you summarize why the three brokers downgraded WSP??? This might help me better evaluate the risks of owning the shares, as well as understand why the SP is declinng so much
5i Research Answer:
Note these were target price adjustments (downward) not recommendation downgrades. Each analyst tweaked their models after earnings resulting in a slightly less robust target price.