DA Davidson Cuts Diamond Foods (DMND) to Neutral
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Price: $37.56 --0%
Rating Summary:
3 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 1 | Down: 2 | New: 2
Rating Summary:
3 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 1 | Down: 2 | New: 2
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Analysts at DA Davidson downgraded shares of Diamond Foods (NASDAQ: DMND) from Buy to Neutral Tuesday afternoon. The firm maintains an $85 price target.
DA Davidson cites recent outperformance in the stock: up 87 percent over the last year compared to a nearly 31 percent rise in the S&P 500. The firm argues Diamond Foods current lofty valuation is deserved "given the very significant growth that lies ahead..."
For more ratings news on Diamond Foods click here and for the rating history of Diamond Foods click here.
DA Davidson cites recent outperformance in the stock: up 87 percent over the last year compared to a nearly 31 percent rise in the S&P 500. The firm argues Diamond Foods current lofty valuation is deserved "given the very significant growth that lies ahead..."
For more ratings news on Diamond Foods click here and for the rating history of Diamond Foods click here.
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