I'm not familiar with the company's track record but agree with their analysis. However, it's far less 'clean' than it was several weeks ago.
Personally, I've moved it into the high-risk category and probably will aggressively trade around a postition to lower my basis and/or reduce exposure. With good news I'd aggressively add esp as deals with a certain 'smell' will maintain a large spread to the last minute- allowing plenty of time to add prior to close.
Just My Opinion. AT.