Sonova (OTCMKTS:SONVY) Receives a Downgrade
In an analyst research report revealed to investors and clients on Tuesday morning, investment advisers at Morgan Stanley’s equity research division lowered the rating for Sonova (OTCMKTS:SONVY) shares from the previous Equal-Weight to a Underweight.
The stock decreased 0.64% or $0.16 on December 8, striking $24.85. Approximately shares of stock traded hands. SONOVA HOLDING AG UNSP ADR EACH REPR 0.2 ORD (OTCMKTS:SONVY) has declined 13.47% since May 6, 2015 and is downtrending. It has underperformed by 12.68% the S&P500.