This stock has stalled out since July alongside a lack of positive earnings revisions.
Get this delivered to your inbox, and more info about our products and services.
We're downgrading it back to our 2 rating, meaning we would wait for a pullback before considering adding more shares.
The market is cheering Friday, but we see limited upside from here.
We're taking half of the cash raised from the sale to add to one of the portfolio's recent spinoffs.
The stock has bested the S&P 500 this year after a long period of being a drag on our portfolio.
We're not making a call on the upcoming results, but we would like to have more wiggle room.
We're also downgrading the stock in conjunction with the sale.
