Seeking Alpha

KeyBanc downgrades Meritor (MTOR -6.4%) to Hold from Buy and suspends offering a price target on...

KeyBanc downgrades Meritor (MTOR -6.4%) to Hold from Buy and suspends offering a price target on shares. Analysts with the firm cite the low-potential for near-term sales drivers and sees weaker global end markets for the company's products. Shares of MTOR are now off 38% for the week after hitting a major speedbump with the firm's FQ4 report and FQ1 guidance.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs