Market Overview

Black Diamond Shares Downgraded At Stifel


In a report published Thursday, Stifel analysts downgraded Black Diamond Inc (NASDAQ: BDE) from Buy to Hold. The Board of Directors at Black Diamond has announced on March 17 that they were exploring various strategic alternatives for the company's three brands.

The current share price fully reflects any positive acquisition value that the company's brand portfolio might have, along with the NOLs and net cash position.

"We see upside to this value as unlikely and adequately balanced against some probability that divestitures don't materialize at a price agreeable to the Board of Directors and the stock becomes valued as a going concern at a discount to the current price," the analysts said.

Latest Ratings for BDE

Aug 2017Stifel NicolausUpgradesHoldBuy
Mar 2017Stifel NicolausDowngradesBuyHold
Aug 2016DA DavidsonUpgradesNeutralBuy

View More Analyst Ratings for BDE
View the Latest Analyst Ratings


Related Articles (BDE)

View Comments and Join the Discussion!

Posted-In: StifelAnalyst Color Downgrades Analyst Ratings

Latest Ratings

TSLAJP MorganMaintains125.0
INTCTruist SecuritiesMaintains64.0
FBTruist SecuritiesMaintains320.0
AAPLCowen & Co.Maintains153.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at