Downgrades
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Sidoti downgraded Mobile Mini (NASDAQ: MINI) from Buy to Neutral.
For an analyst ratings summary and ratings history on Mobile Mini click here. For more ratings news on Mobile Mini click here.
Shares of Mobile Mini closed at $36.65 yesterday, with a 52 week range of $12.60-$37.49.
CIBC downgraded Lake Shore Gold Corp. (NYSE: LSG) from Sector Perform to Sector Underperform with a price target of C$0.40 from C$1
For an analyst ratings summary and ratings history on Lake Shore Gold Corp. click here. For more ratings news on Lake Shore Gold Corp. click here.
Shares of Lake Shore Gold Corp. closed at $0.30 yesterday, with a 52 week range of $0.27-$1.17.
Maxim Group downgraded Pandora (NYSE: P) from Buy to Hold on valuation.
Analyst John Tinker notes, "Pandora is basically trading near our prior $17 price target which we had established in August 2011. The company over the last two years has done terrific job at growing listener hour, active users and revenues based on recently improving mobile monetization. On the earnings call next Thursday, May 23 management should be updating us on the integration of the Strata platform that radio buyers use. P is now in 95 different car models as it targets the drive time listener - about half the radio advertising market. The company followed its desk top play book recently capping the number of hours of mobile usage in order to keep content costs/ licensing fees down. Listenership dropped but should no doubt bounce back from the drop 7.33% of overall listening to 8%."
For an analyst ratings summary and ratings history on Pandora click here. For more ratings news on Pandora click here.
Shares of Pandora closed at $16.48 yesterday, with a 52 week range of $7.08-$17.16.
Jefferies downgraded Limited Brands (NYSE: LTD) from Hold to Underperform with a price target of $40.00 (from $46.00), saying numbers are at a peak.
Analyst Randal J. Konik comments, "We see downside to LTD shares due to slowing sales growth with difficult topline compares and margin pressures. Further, we think shareholder enhancing actions are likely to wane given a less attractive balance sheet and cash flow profile. We also view a potential slowdown in the Pink brand as a risk. Downgrade to UP, lowering EPS estimates (with our FY'15 est 12% below consensus) and PT to $40. We would exit LTD shares and buy GPS."
The firm cut FY 2013 EPS estimates on LTD from $3.12 to $2.90.
For an analyst ratings summary and ratings history on Limited Brands click here. For more ratings news on Limited Brands click here.
Shares of Limited Brands closed at $50.49 yesterday, with a 52 week range of $40.32-$53.33.
Deutsche Bank downgraded TRW Automotive Holdings (NYSE: TRW) from Buy to Hold with a price target of $67.00. The downgrade is based on valuation.
Analyst Rod Lache said, "TRW now trades within 10% of our $67 price target . . . We continue to see several items that could have positive implications for TRW’s stock price. First, the possibility of a more favorable outcome to the European antitrust investigation than our current assumption of $400MM in fines (a $3 drag on our target price). Second, we continue to believe TRW has the potential to repurchase significantly more equity than the $835MM remaining under its current repurchase authorization."
For an analyst ratings summary and ratings history on TRW Automotive Holdings click here. For more ratings news on TRW Automotive Holdings click here.
Shares of TRW Automotive Holdings closed at $61.50 yesterday, with a 52 week range of $33.23-$63.19.
More Downgrades
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DA Davidson Downgrades Lumos Networks (LMOS) to Neutral
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Stifel Nicolaus Downgrades Aruba Networks (ARUN) to Hold
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FBN Securities Downgrades Aruba Networks (ARUN) to Sector Perform
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Wedbush Downgrades Aruba Networks (ARUN) to Neutral
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Morgan Stanley Downgrades Aruba Networks (ARUN) to Equalweight
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Northland Securities Downgrades Cosi Inc. (COSI) to Market Perform
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Baird Downgrades Brocade (BRCD) to Neutral
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William Blair Downgrades Brocade (BRCD) to Underperform
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RBC Capital Downgrades Aviva plc (AV) to Underperform
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Exane BNP Paribas Downgrades HSBC Holdings (HBC) to Neutral
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Atlantic Equities Downgrades Walt Disney (DIS) to Neutral
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SunTrust Robinson Humphrey Downgrades Actuant (ATU) to Neutral
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SunTrust Robinson Humphrey Downgrades Stryker (SYK) to Reduce
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RBC Capital Downgrades CAE Inc. (CAE) to Sector Perform
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SunTrust Robinson Humphrey Downgrades Zimmer Holdings (ZMH) to Reduce
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Wells Fargo Downgrades Aruba Networks (ARUN) to Market Perform
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JPMorgan Downgrades Aruba Networks (ARUN) to Underweight
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Janney Montgomery Scott Downgrades Aruba Networks (ARUN) to Neutral
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Stephens Downgrades Aruba Networks (ARUN) to Equal Weight
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Oppenheimer Downgrades Aruba Networks (ARUN) to Perform
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Goldman Sachs Downgrades Deere (DE) to Sell, Sees 5% Downside
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BofA/Merrill Lynch Downgrades Williams-Sonoma (WSM) to Neutral
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Susquehanna Downgrades Universal Health Services (UHS) to Neutral
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William Blair Downgrades Savient Pharmaceuticals (SVNT) to Market Perform
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RBC Capital Downgrades MeadWestvaco (MWV) to Underperform
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Keefe, Bruyette & Woods Downgrades City Holding (CHCO) to Market Perform
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Gabelli Sees Fixed Income Sell-Off, Downgrades BlackRock (BLK) to Hold
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Mont Blanc Capital Downgrades Flexible Solutions Int. (FSI) to Hold
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William Blair Cuts 3D Systems (DDD) to Underperform; Too Much Hype, Future is Cloudy
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Feltl & Co Downgrades Arctic Cat (ACAT) to Buy
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Cowen Downgrades tw telecom (TWTC) to Neutral
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Imperial Capital Downgrades Telular Corporation (WRLS) to In-Line
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UPDATE: Macquarie Downgrades Barrick Gold (ABX) to Underperform
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UPDATE: Macquarie Downgrades Barrick Gold (ABX) to Underperform
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Buckingham Research Downgrades Family Dollar Stores Inc. (FDO) to Neutral
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William Blair Downgrades Stratasys Inc. (SSYS) to Underperform
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Northland Securities Downgrades Interactive Intelligence (ININ) to Market Perform
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Morgan Stanley Downgrades Everest Re Group (RE) to Equalweight
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Barclays Downgrades Covanta (CVA) to Equalweight
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Tudor Pickering Downgrades McDermott (MDR) to Hold
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Baird Downgrades Piedmont Natural Gas (PNY) to Neutral
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Baird Downgrades Chesapeake Utilities (CPK) to Neutral
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Stifel Nicolaus Downgrades Coca-Cola Enterprises (CCE) to Hold
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UPDATE: JPMorgan Downgrades Chesapeake Energy (CHK) to Neutral
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Deutsche Bank Downgrades Computer Sciences (CSC) to Hold
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KeyBanc Downgrades Comstock Resources (CRK) to Hold
