Research Analysts’ Downgrades for May, 17th (ARCO, AU, AVD, BVX, CASA, CCT, CIGI, CLRB, CM, CORI)

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Research Analysts’ downgrades for Thursday, May 17th:
Arcos Dorados (NYSE:ARCO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Arcos Dorados Holdings Inc. operates as a franchisee of McDonald’s with its operations divided in Brazil; North Latin America division; South Latin America and the Caribbean division. It also runs quick service restaurants in Latin America and the Caribbean. It has operations in territories in Latin …

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