Simply Good Foods (SMPL) shares fell 11% on Friday after Stephens downgraded the stock to equalweight from overweight and cut its price target to $14 per share from $24.
Both UBS and Deutsche Bank reduced their price targets to $13 from $16 following its Q2 results.
Trading volume stood at over 5.6 million shares compared with a daily average of more than 2.4 million.
Price: $10.51, Change: $-1.29, Percent Change: -10.93%