Downgrades
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Oppenheimer downgraded Aeropostale, Inc. (NYSE: ARO) from Outperform to Perform with a price target of $13.00 (from $20.00).
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $13.89 yesterday, with a 52 week range of $11.76-$20.99.
Oppenheimer downgraded American Eagle Outfitters (NYSE: AEO) from Outperform to Perform with a price target of $19.00 (from $25.00).
For an analyst ratings summary and ratings history on American Eagle Outfitters click here. For more ratings news on American Eagle Outfitters click here.
Shares of American Eagle Outfitters closed at $19.16 yesterday, with a 52 week range of $18.02-$23.94.
(Updated - June 19, 2013 9:54 AM EDT)
Raymond James downgraded Gevo, Inc. (NASDAQ: GEVO) from Outperform to Market Perform. The downgrade follows a recent 20% rally in the stock. Analyst Pavel Molchanov sees production challenges ahead and says positive margins are unlikely to emerge before Q1 2014. The next plant may not come online until than 2014.
For an analyst ratings summary and ratings history on Gevo, Inc. click here. For more ratings news on Gevo, Inc. click here.
Shares of Gevo, Inc. closed at $2.07 yesterday, with a 52 week range of $1.36-$9.44.
William Blair downgraded Brown & Brown (NYSE: BRO) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Brown & Brown click here. For more ratings news on Brown & Brown click here.
Shares of Brown & Brown closed at $33.14 yesterday, with a 52 week range of $24.71-$33.24.
William Blair downgraded Arthur J. Gallagher (NYSE: AJG) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Arthur J. Gallagher click here. For more ratings news on Arthur J. Gallagher click here.
Shares of Arthur J. Gallagher closed at $45.36 yesterday, with a 52 week range of $33.81-$45.87.
More Downgrades
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UPDATE: Bernstein Cuts BlackBerry (BBRY) to Underperform; Notes Weak BB10 Traction
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Gabelli Downgrades Nexstar Broadcasting Group (NXST) to Hold
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Brean Capital Downgrades Tetra Tech (TTEK) to Hold
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Baird Downgrades Sonoco Products (SON) to Neutral
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UPDATE: Macquarie Downgrades Sprint (S) to Neutral
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UPDATE: Bernstein Cuts BlackBerry (BBRY) to Underperform; Notes Weak BB10 Traction
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UPDATE: Raymond James Downgrades Gevo, Inc. (GEVO) to Market Perform
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Exane BNP Paribas Downgrades Novo Nordisk (NVO) to Underperform
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BMO Capital Downgrades Tesaro (TSRO) to Market Perform
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BofA/Merrill Lynch Downgrades Century Aluminum (CENX) to Underperform
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Citi Downgrades American Eagle Outfitters (AEO) to Neutral
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Keefe, Bruyette & Woods Downgrades Lincoln National (LNC) to Market Perform
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UPDATE: BofA/Merrill Lynch Downgrades Cliffs Natural Resources (CLF) to Underperform
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Stifel Nicolaus Downgrades GATX Corp. (GMT) to Hold
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Canaccord Genuity Downgrades Brookfield Renewable Energy (BEP) to Hold
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Scotia Capital Downgrades Celestica (CLS) to Underperform
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Howard Weil Downgrades ConocoPhillips (COP) to Sector Perform
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KeyBanc Downgrades Sanderson Farms (SAFM) to Hold
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Desjardins Downgrades Cardero Resource (CDY) to Sell
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Wells Fargo Cuts Comerica (CMA) and First Horizon National (FHN) to Underperform
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Goldman Sachs Downgrades Palo Alto Networks (PANW) to Buy
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Goldman Sachs Removes Williams Companies (WMB) from CL Buy List; Downgrades Williams Partners (WPZ) to Neutral
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BofA/Merrill Lynch Downgrades Genomic Health Inc. (GHDX) to Neutral
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Goldman Sachs Downgrades Charles River Labs (CRL) to Sell; Sees 12% Downside
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Barclays Downgrades Covance (CVD) to Underweight
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Standpoint Research Downgrades UnitedHealth Group (UNH) to Hold
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Jefferies Downgrades Chevron (CVX) to Hold
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Rafferty Capital Downgrades Capital One Financial (COF) to Hold
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Salman Partners Downgrades Cardero Resource (CDY) to Hold
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Standpoint Research Downgrades Perry Ellis (PERY) to Hold
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Credit Suisse Downgrades Morgans Hotel Group (MHGC) to Neutral
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Barclays Downgrades Javelin Mortgage (JMI) to Underweight
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Mizuho Securities Downgrades Health Management (HMA) to Neutral
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Compass Point Downgrades MICROS Systems (MCRS) to Neutral
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BofA/Merrill Lynch Downgrades Novo Nordisk (NVO) to Neutral
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Piper Jaffray Downgrades Encore Capital Inc. (ECPG) to Neutral
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Barclays Downgrades CYS Investments (CYS) to Equalweight
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Raymond James Downgrades Time Warner Cable (TWC) to Market Perform
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Susquehanna Downgrades Red Hat (RHT) to Neutral
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Numis Downgrades ARM Holdings (ARMH) to Reduce
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Jefferies Downgrades Infinera Corp. (INFN) to Hold
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Barclays Downgrades American Capital Agency (AGNC) to Equalweight
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DA Davidson Downgrades Smithfield Foods (SFD) to Neutral
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UPDATE: UBS Downgrades SunTrust Banks (STI) to Neutral
