Diebold Nixdorf Shareholders Re-elect Directors and Pass All Company Proposals at Annual Meeting

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JPMorgan Downgrades Diebold (DBD) to Neutral, Says Bank 'stuck around too long' on Bull Side

May 10, 2022 3:45 PM EDT

JPMorgan analyst Paul J. Chung downgraded Diebold (NYSE: DBD) from Overweight to Neutral.

The analyst comments "DBD posted 1Q22 results well below expectations and cut FY22 guidance materially driven by several macro challenges in the quarter. Management is embarking on yet another... More