Raymond James Downgrades MNTN to Market Perform

Raymond James downgraded MNTN, Inc. from Outperform to Market Perform on November 5, 2026. The move followed the company’s November 4 report of disappointing third-quarter results and a significant cut to its full-year financial outlook. The analyst cited sales force attrition and its impact on MNTN’s growth trajectory; the article does not provide specific financial figures or a stock-price reaction.