Hilliard Lyons Downgrades CBL & Associates (CBL) to Long-Term Buy

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May 4, 2017 5:34 PM EDT
Get Alerts CBL Hot Sheet
Price: $54.49 +1.28%

Rating Summary:
    2 Buy, 10 Hold, 9 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 11 | New: 32
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Hilliard Lyons downgraded CBL & Associates (NYSE: CBL) from Buy to Long-Term Buy with a price target of $17.50 (from $19.00).

Analyst Carol Kemple comments "[w]e continue to believe CBL is sharply undervalued and the change in our rating is solely due to the lengthening of the time frame on our target price."

For an analyst ratings summary and ratings history on CBL & Associates click here. For more ratings news on CBL & Associates click here.

Shares of CBL & Associates closed at $9.26 yesterday.


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Hilliard Lyons