KeyBanc analyst Scott Schoenhaus downgraded Alight (ALIT) to Sector Weight from Overweight with no price target following the company’s “weaker” Q4 results and “more tepid” Q1 guidance. Weaker renewals will weigh on fundamentals “over the foreseeable future,” the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALIT: