UPDATE: Stifel Nicolaus Downgrades Five Star Quality Care to Hold
Stifel Nicolaus is out with its report today on Five Star Quality Care (NYSE: FVE), downgrading FVE to Hold from Buy.
In its report, Stifel Nicolaus writes, "Even though we see additional upside potential to Five Star Quality Care shares with an indicated DCF value range $6-$11 (15%-30% discount rate), we are lowering our rating on FVE shares to Hold from Buy."
At the time of posting, shares of FVE were trading at $3.38, down 3.43% from Tuesday's close.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.