JPMorgan Downgrades to Neutral from Overweight on The Scotts Miracle-Gro Company (SMG)

JPMorgan has downgraded its rating for The Scotts Miracle-Gro Company (SMG) to Neutral from Overweight. The move reflects a shift in the firm's outlook for the consumer goods sector stock.

• JPMorgan downgraded SMG to Neutral from Overweight
• The downgrade affects the stock's perception but is unlikely to cause significant market-wide volatility