Angi Homeservices gets a downgrade at Wedbush [MarketWatch]
Angi Inc. - Class A (ANGI)
Last angi inc. - class a earnings: 2/5 04:10 pm
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US:NASDAQ Investor Relations:
ir.angihomeservices.com/investor-overview
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Source: MarketWatch
Angi Homeservices gets a downgrade at Wedbush Wedbush analyst Ygal Arounian downgraded ANGI Homeservices Inc. shares ANGI, -4.41% to neutral from outperform on Friday, writing that the company still has a vast market opportunity but is having trouble attaining it due to customer-acquisition challenges. The downgrade follows a disappointing earnings report and forecast that sent ANGI shares plunging 25% in Thursday's session. "With the marketing challenges likely here to stay through at least 2020, we don't see investor sentiment getting more positive in the near-term," he wrote. "We do see opportunity in ANGI better monetizing on-demand inventory, using pre-priced inventory through Handy to better serve what are currently unfilled [service requests], improve the customer experience, and drive repeat usage, which ultimately drives marketing efficiency back up. But we think there's likely a window until we get there and, therefore, we move to the sidelines until near-term headwinds a
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ANGI
Earnings
- 2/13/24 - Beat
ANGI
Sec Filings
- 5/2/24 - Form DEFA14A
- 5/2/24 - Form DEF
- 5/1/24 - Form 4
- ANGI's page on the SEC website