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I cant remember who downgraded it, but it did occur today. The Kicker is he downgraded it and raised his price target. What a JOKE!!!
Some brokerage firm named Stephens... not much of a downgrade just from overweight to equal weight and then raised the price target from 8.50 to 9http://www.theflyonthewall.com/permalinks/entry.php/KKDid1601121/KKD-Krispy-Kreme-downgraded-to-Equal-Weight-from-Overweight-at-Stephens
Will be interesting to see if there is a bounce tomorrow from short covering. I picked up some more shares on the carnage.They must know that many investors are avoiding this because of the accounting scandals before, so why arent they taking that debt level to ZERO???? So frustrating!