The downgrade comes after the company reported full-year revenue that fell 4% below market expectations, reflecting an underperformance in the second half of the year.
However, shares of RBC Bearings have trailed narrowly ... Based on my observations, the stock is costly at this point, certainly more expensive than it was when I last wrote about it.
On Wednesday, RBC Capital Markets shifted its stance on EssilorLuxottica SA (EL:FP) (OTC: OTC:ESLOY), elevating the company's stock rating from 'Sector Perform' to 'Outperform' and increasing the ...