RBC Capital Markets took the unusual step of reversing a call on the shares of Heineken NV in a span of less than 12 hours. Find out more.
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Just before 1 a.m. New York time on Aug. 30, RBC analyst James Edwardes Jones issued a report cutting Heineken to a sell-equivalent rating of underperform. By around noon, the analyst had issued a new report, boosting his rating back to “sector perform.”THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.
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RBC Upgrades Heineken Less Than 12 Hours After Cutting to SellAn analyst at RBC Capital Markets took the unusual step of reversing a call on the shares of Heineken NV in a span of less than 12 hours on Wednesday, first downgrading the stock and then raising it back to the original level.
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