RBC Capital Downgrades Waitr Holdings (WTRH) to Sector Perform

RBC Capital analyst Mark Mahaney downgraded Waitr Holdings (NASDAQ: WTRH) from Outperform to Sector Perform with a price target of $1.00 (from $5.00).

The analyst commented, "We are downgrading WTRH to Sector Perform on several management and board changes. We believe these changes add to the execution risk WTRH’s business already faces and are lowering our Price Target to $1 from $5."

For an analyst ratings summary and ratings history on Waitr Holdings click here. For more ratings news on Waitr Holdings click here.

Shares of Waitr Holdings closed at $1.11 yesterday.

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