Currently Browsing: Downgrades

Deutsche Bank Securities Downgrades Marvell Technology Group Ltd (NASDAQ: MRVL) from BUY to HOLD, Target Price Reduced

New York, October 22 (alphajetsusa.com) – Analyst Ross Seymore at Deutsche Bank Securities downgrades rating on the shares of Marvell Technology Group Ltd (NASADQ: MRVL) from BUY to HOLD. The 12-month target price has been reduced from $12 to $9. In a research note published on October 19, the analyst...

Deutsche Bank Securities Downgrades CSX Corporation (NYSE: CSX) from BUY to HOLD, Target Price Reduced

New York, October 19 (alphajetsusa.com) – Analyst Justin Yagerman at Deutsche Bank Securities downgrades rating on the shares of CSX Corporation (NYSE: CSX) from BUY to HOLD. The 12-month target price has been reduced from $25 to $20. In a research note published on October 18, the analyst mentions that...

Piper Jaffray Downgrades Isis Pharmaceuticals, Inc (NASDAQ: ISIS) from OVERWEIGHT to NEUTRAL, Target Price Reduced

New York, October 17 (alphajetsusa.com) – Analysts at Piper Jaffray downgrade their rating on the shares of Isis Pharmaceuticals, Inc (NASDAQ: ISIS) from OVERWEIGHT to NEUTRAL. The 12-month target price has been reduced from $18 to $10. In a research note published on October 16, the analysts mention...

Bank of America Downgrades Fifth Third Bancorp (NASDAQ: FITB) from BUY to NEUTRAL

New York, October 11 (alphajetsusa.com) – Analysts at Bank of America downgrade their rating on the shares of Fifth Third Bancorp (NASDAQ: FITB) from BUY to NEUTRAL. The 12-month price objective is set to $16.50. In a research note published on October 10, the analysts mention that a small number of near...

Wunderlich Securities Downgrades Concur Technologies (NASDAQ: CNQR) from BUY to HOLD

New York, October 11 (alphajetsusa.com) – Analysts at Wunderlich Securities downgrade their rating on the shares of Concur Technologies (NASDAQ: CNQR) from BUY to HOLD. The 12-month target price is set to $84. In a research note published on October 10, the analysts mention that it is really concerning...

Stifel Nicolaus Downgrades Monster Beverage Corporation (NASDAQ: MNST) from BUY to HOLD

New York, October 11 (alphajetsusa.com) – Analysts at Stifel Nicolaus downgrade their rating on the shares of Monster Beverage Corporation (NASDAQ: MNST) from BUY to HOLD. The 12-month target price of $73 has been suspended. In a research note published on October 10, the analysts mention that a higher...

DA Davidson Downgrades Sonoco Products Co (NYSE: SON) from BUY to NEUTRAL, Target Price Reduced

New York, October 9 (alphajetsusa.com) – Analysts at DA Davidson downgrade their rating on the shares of Sonoco Products Co (NYSE: SON) from BUY to NEUTRAL. The 12-month target price has been reduced from $38 to $33. In a research note published on October 8, the analysts mention that with considerable...

DA Davidson Downgrades Packaging Corp of America (NYSE: PKG) from BUY to NEUTRAL, Target Price Reduced

New York, October 9 (alphajetsusa.com) – Analysts at DA Davidson downgrade their rating on the shares of Packaging Corp of America (NYSE: PKG) from BUY to NEUTRAL. The 12-month target price has been reduced from $40 to $37.50. In a research note published on October 8, the analysts mention that when the...

Deutsche Bank Securities Downgrades Encana Corporation (NYSE: ECA) HOLD to SELL

New York, October 6 (alphajetsusa.com) – Analyst Stephen Richardson at Deutsche Bank Securities downgrades rating on the shares of Encana Corporation (NYSE: ECA) HOLD to SELL. The 12-month target price is set to CAD20. In a research note published on October 4, the analyst mentions that it has been...

Nomura Downgrades MetroPCS Communications (NYSE: PCS) from NEUTRAL to REDUCE, Target Price Raised

New York, October 5 (alphajetsusa.com) – Analysts at Nomura downgrade their rating on the shares of MetroPCS Communications (NYSE: PCS) from NEUTRAL to REDUCE. The 12-month target price has been raised from $6 to $10.50. In a research note published on October 4, the analysts mention that with Deutsche...

Maxim Group Downgrades Youku Tudou (NYSE: YOKU) from BUY to HOLD

New York, September 28 (alphajetsusa.com) – Analysts at Maxim Group downgrade their rating on the shares of Youku Tudou Inc (NYSE: YOKU) from BUY to HOLD. The 12-month target price of $24 per share has been removed. In a research note published on September 27, the analysts mention that basically on the...

Piper Jaffray Downgrades Acuity Brands (NYSE: AYI) from OVERWEIGHT to NEUTRAL

New York, September 28 (alphajetsusa.com) – Analysts at Piper Jaffray downgrade their rating on the shares of Acuity Brands, Inc (NYSE: AYI) from OVERWEIGHT to NEUTRAL. The 12-month target price is set to $66. In a research note published on September 27, the analysts mention that due to its current...

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