- NN Inc (NASDAQ:NNBR) was downgraded to Sector Weight from Overweight by KeyBanc analyst Steve Barger without a price target.
- Barger takes a conservative approach to the NNBR’s industrial and semicap equipment coverage, citing ongoing uncertainty around the Russia-Ukraine conflict, persisting inflationary surges in commodity and energy costs, and the COVID resurgence in Asia.
- The analyst believes challenges will continue in 1H22, amidst IHS again reducing its global auto production forecast and concerns around Europe activity levels and inflation-driven gross margin pressure.
- Price Action: NNBR shares are trading lower by 4.22% at $2.95 on the last check Friday.
ACCO Brands Names Deborah A. O’connor As CFO
ACCO Brands Corporation (NYSE:ACCO) today announced that Deborah A. O'Connor has been named as Executive Vice President and Chief Financial Officer, effective April 4, 2022.
"Deb is an experienced Chief
