Morgan Stanley Downgrades Lumber Liquidators Holdings To Equal-weight

Analysts at Morgan Stanley downgraded Lumber Liquidators Holdings, Inc. LL from Overweight to Equal-weight and removed the price target of $85.00. Lumber Liquidators Holdings shares have dropped 51.87% over the past 52 weeks, while the S&P 500 index has surged 14.02% in the same period. Lumber Liquidators Holdings' shares fell 15.16% to $44.00 in pre-market trading.