The Investment Analysts’ Downgrades for January, 19th (AKS, ALV, ASML, BHI, BLMN, CERN, CMC, CYH, DF, DLTR)

The Investment Analysts’ Downgrades for January, 19th (AKS, ALV, ASML, BHI, BLMN, CERN, CMC, CYH, DF, DLTR)

Investment Analysts’ downgrades for Thursday, January 19th:

AK Steel Holding Corp. (NYSE:AKS) was downgraded by analysts at Citigroup Inc. from a neutral rating to a sell rating.

Autoliv (NYSE:ALV) was downgraded by analysts at Jefferies Group from a buy rating to a hold rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

ASML Holding NV (NASDAQ:ASML) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating.

Baker Hughes (NYSE:BHI) was downgraded by analysts at Societe Generale from a buy rating to a hold rating. Societe Generale currently has $65.00 price target on the stock.

Bloomin’ Brands (NASDAQ:BLMN) was downgraded by analysts at Goldman Sachs Group Inc. from a buy rating to a neutral rating.

Cerner Corp. (NASDAQ:CERN) was downgraded by analysts at Barclays PLC from an overweight rating to an equal weight rating.

Commercial Metals (NYSE:CMC) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating.

Community Health Systems (NYSE:CYH) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Community Health suffers from rising debt level and uncertainty over regulatory reforms. Revenue concentration is another major headwind as it generates a significant part of its revenues from a selected number of states like Florida, Pennsylvania, Texas, Indiana and Tennessee. Over last one year, the stock has lost 66%, compared to 11.6% gained by the Zacks Categorized Hospitals industry. Nevertheless, the company is well positioned to benefit from The Patient Protection and Affordable Care Act (ACA). Inorganic growth including accretive acquisitions and strategic divestures has been a major revenue driver for the company as well. It is expected to release its earnings on Feb 20. However, Zacks Rank #5 with a 0.00% ESP makes the surprise prediction difficult for the coming quarter.”

Dean Foods (NYSE:DF) was downgraded by analysts at Sanford C. Bernstein from an outperform rating to a market perform rating. Sanford C. Bernstein currently has $22.00 target price on the stock.

Dollar Tree (NASDAQ:DLTR) was downgraded by analysts at Goldman Sachs Group Inc. from a conviction-buy rating to a buy rating.

Ericsson (NASDAQ:ERIC) was downgraded by analysts at Goldman Sachs Group Inc. from a neutral rating to a sell rating.

Greenbrier Companies (NYSE:GBX) was downgraded by analysts at CLSA from an underperform rating to a sell rating.

GNC Holdings (NYSE:GNC) was downgraded by analysts at Goldman Sachs Group Inc. from a neutral rating to a sell rating.

Kate Spade & Co. (NYSE:KATE) was downgraded by analysts at Bank of America Corp. from a buy rating to a neutral rating.

Coca-Cola (NYSE:KO) was downgraded by analysts at Wells Fargo & Co. from an outperform rating to a market perform rating.

Kura Oncology (NASDAQ:KURA) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Kura Oncology, Inc. is a biopharmaceutical company. The company is involved in the discovery and development of therapeutics for the treatment of tumors and blood cancers. Its product pipeline includes small molecule drug candidates which are in different clinical trial consists of Tipifarnib-HRAS, Tipifarnib-PTCL, ERK inhibitor program and Menin MLL inhibitor program. Kura Oncology, Inc. is headquartered in La Jolla, California. “

Las Vegas Sands Corp. (NYSE:LVS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Las Vegas Sands’ shares have outpaced the Zacks categorized Gaming industry over the past one year. High occupancy rates in the Las Vegas properties should continue driving growth. Moreover, focus on diversification and growth in the mass and non-gaming market bode well and should aid margins. However, Las Vegas Sands has been mostly reporting lower revenues over the past few quarters due to a sluggish performance in Macao, a key operating region for the company. The anti-graft corruption drive undertaken by the Chinese government had been keeping VIP gamblers at bay, thereby hurting revenues. Nonetheless, the company’s consistent efforts to boost tourism and traffic therein are yielding results, and the Macao portfolio is experiencing strong visitation of late. Going forward, the company is positive on its new resort, The Parisian Macao, which should continue to attract visits by tourists and leisure gamblers, and scoop up revenues.”

Marks and Spencer Group Plc (NASDAQ:MAKSY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “MARKS & SPENCER is one of the UK’s leading retailers, offering high quality, great value clothing, as well as home products and outstanding quality food. M&S employs over 75,000 people and has over 600 stores in the UK and over 275 stores in 39 territories around the world. “

MEMORIAL PRODUC (NASDAQ:MEMP) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Memorial Production Partners LP focuses on the acquisition and exploitation of oil and gas properties in North America. The Company’s properties are located in South and East Texas and consist of mature, legacy onshore oil and natural gas reservoirs. Memorial Production Partners LP is based in Houston, Texas. “

MGM Resorts International (NYSE:MGM) was downgraded by analysts at Sanford C. Bernstein from an outperform rating to a market perform rating.

Navios Maritime Acquisition Corp. (NYSE:NNA) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Navios Maritime Acquisition Corporation provides marine transportation services. It is an owner and operator of tanker vessels focusing in the transportation of petroleum products and bulk liquid chemicals. The company focuses on chartering its vessels to international oil companies, refiners, and vessel operators under long, medium, and short-term charters. Navios Maritime Acquisition Corporation is headquartered in Piraeus, Greece. “

Newpark Resources (NYSE:NR) was downgraded by analysts at Cowen and Company from an outperform rating to a market perform rating. They currently have $8.00 target price on the stock, up from their previous target price of $7.50.

NUSTAR GP HLDGS (NYSE:NSH) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “NUSTAR GP HOLDINGS is a publicly traded limited liability company that owns the two percent general partner interest, a 18.4 percent limited partner interest and the incentive distribution rights in NuStar Energy L.P.They are one of the largest asphalt refiners and marketers and independent terminal and petroleum liquids pipeline operators in the nation with operations in the United States, Netherlands Antilles, Canada, Mexico, the Netherlands and the United Kingdom. “

NetScout Systems (NASDAQ:NTCT) was downgraded by analysts at Royal Bank Of Canada from an outperform rating to a sector perform rating. Royal Bank Of Canada currently has $31.00 price target on the stock.

NetScout Systems (NASDAQ:NTCT) was downgraded by analysts at RBC Capital Markets from an outperform rating to a sector perform rating. They currently have $31.00 price target on the stock.

Nuance Communications (NASDAQ:NUAN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Nuance Communications, Inc. is the leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. “

ON Semiconductor Corp. (NASDAQ:ON) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “ON Semiconductor is a supplier of broadband and power management integrated circuits and standard semiconductors used in numerous advanced devices ranging from high-speed fiber optic networking equipment to the precise power management functions found in portable electronics. The company's expanding product portfolio that now includes the recently launched touch-proximity sensing solution is a key growth driver  in our view. Moreover, the company has outperformed the broader market over the last one-year. Further, the company’s improving end markets, completion of the Fairchild Semiconductor acquisition, product breadth, diversification across end markets and geographies, and the benefits of restructuring actions remain positives. However, On Semi has a leveraged balance sheet and faces a good bit of competition, which are concerns. “

Perry Ellis International (NASDAQ:PERY) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories, and fragrances. The company’s collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men’s and women’s swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. The company enhances its roster of brands by licensing trademarks from third parties including Dockers for outerwear, Nike and JAG for swimwear, and PING and PGA TOUR for golf apparel. “

Parkway Properties (NYSE:PKY) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Parkway, Inc. is a self-managed office real estate investment trust. It engaged in the ownership, acquisition, development and leasing of office assets primarily in Houston, Texas. Parkway, Inc., formerly known as Parkway Properties Inc., is based in Orlando, United States. “

Pearson plc (LON:PSON) was downgraded by analysts at Macquarie to a neutral rating. They currently have GBX 600 ($7.24) target price on the stock, down from their previous target price of GBX 925 ($11.16).

Pearson plc (LON:PSON) was downgraded by analysts at Beaufort Securities to a hold rating.

Patterson-UTI Energy (NASDAQ:PTEN) was downgraded by analysts at Cowen and Company from an outperform rating to a market perform rating. They currently have $26.00 price target on the stock.

Royal Caribbean Cruises (NYSE:RCL) was downgraded by analysts at Goldman Sachs Group Inc. to a sell rating.

Repsol SA (NASDAQ:REPYY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Repsol SA explores for, develops and produces crude oil products and natural gas, transports petroleum products and liquified petroleum gas and refines petroleum. In addition, the Company produces a variety of petrochemicals and markets petroleum products, petroleum derivatives, LPG and natural gas. “

RPC (NYSE:RES) was downgraded by analysts at Cowen and Company from an outperform rating to a market perform rating. Cowen and Company currently has $20.00 target price on the stock.

Regulus Therapeutics (NASDAQ:RGLS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Regulus Therapeutics Inc. is a biopharmaceutical company focused on discovering and developing drugs that target microRNAs, called microRNA therapeutics. The Company’s products aim to treat or prevent hepatitis C infections, cardiovascular disease, fibrosis, oncology, immuno-inflammatory diseases, and metabolic diseases. Regulus Therapeutics Inc. is based in La Jolla, California. “

Restoration Hardware Holdings (NYSE:RH) was downgraded by analysts at Goldman Sachs Group Inc. from a conviction-buy rating to a buy rating.

Relmada Therapeutics (NASDAQ:RLMDD) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Relmada Therapeutics Inc. is a clinical stage, public specialty pharmaceutical company. The Company is developing LevoCap ER, an abuse resistant, once-a-day sustained release dosage form of the opioid analgesic levorphanol; d-methadone, the NDMA receptor antagonist for neurophatic pain; BuTab ER, an oral dosage form of the opioid analgesic buprenorphine and MepiGel, a FDA Orphan Drug designated topical formulation of the local anesthetic mepivacaine. Relmada Therapeutics Inc. is based in New York. “

Retail Opportunity Investments Corp. (NASDAQ:ROIC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Retail Opportunity Investments Corp. is a corporation that intends to qualify as a REIT for U.S. federal incoming tax purposes and that expects to invest in, acquire, own, lease, reposition and manage a diverse portfolio of necessity-based retail properties. This includes primarily, well located community and neighborhood shopping centers, anchored by national or regional supermarkets and drugstores. The company may also acquire other retail properties, including power centers, regional malls lifestyle centers and single-tenant retail locations that are leased to national, regional and local tenants. In addition, the Company may supplement its direct purchases of retail properties with first mortgages or second mortgages, mezzanine loans, bridge or other loans or debt investments related to retail properties, in each case provided that the underlying real estate meets the Company’s criteria for direct investment. “

Sinclair Broadcast Group (NASDAQ:SBGI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Sinclair Broadcast Group is a diversified broadcasting company that owns or provides programming services pursuant to local marketing agreements to more television stations than any other commercial broadcasting group in the United States. “

Sprouts Farmers Market (NASDAQ:SFM) was downgraded by analysts at Goldman Sachs Group Inc. from a buy rating to a neutral rating.

A. Schulman (NASDAQ:SHLM) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Schulman Inc. operates in one industry segment which is the sale of plastic resins to customers who use the products as raw materials in their manufacturing operations. The Company purchases plastic resins and other materials which either can be sold directly to customers or used by the Company in the manufacture of other products for sale to customers. All of the products which the Company sells are used for the same purpose–as raw material to be molded or extruded by the Company’s customers. “

Sonic Corp. (NASDAQ:SONC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Sonic Corp. operates and franchises one of the largest chain of drive-in restaurants in the United States. Sonic restaurants offer made-to-order hamburgers and other sandwiches and feature Sonic signature items, such as footlong coney cheese dogs, hand-battered onion rings, tater tots, specialty soft drinks, including cherry limeades and slushes, and frozen desserts. At a typical Sonic restaurant, a customer drives into one of 24 to 36 covered drive-in spaces, orders through an intercom, and has the food delivered by a carhop within an average of four minutes. “

Spectrum Brands Holdings (NYSE:SPB) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Spectrum Brands, Inc. and its subsidiaries operate as a global branded consumer products company. The Company has three reportable segments: Global Batteries & Personal Care; Global Pet Supplies; and Home and Garden Business. Its operations include the manufacturing and marketing of alkaline, zinc carbon and hearing aid batteries, as well as aquariums and aquatic health supplies and the designing and marketing of rechargeable batteries, battery-powered lighting products, electric shavers and accessories, grooming products and hair care appliances. The Company also provides specialty pet supplies and also herbicides, insecticides and repellents. Its portfolio of brands are Rayovac(R), Remington(R), VARTA(R), Tetra(R), Marineland(R), Nature’s Miracle(R), Dingo(R), 8-in-1(R), Spectracide(R), Cutter(R), Repel(R), and HotShot(R) with manufacturing and product development facilities located in the U.S., Europe, Asia and Latin America. Spectrum Brands, Inc. is headquartered in Atlanta, Georgia. “

Streamline Health Solutions (NASDAQ:STRM) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Streamline Health Solutions, Inc. is a leading supplier of workflow and document management tools, applications and services that assist strategic business partners and healthcare organizations to improve operational efficiencies through business process optimization. The Company provides integrated tools and technologies for automating document-intensive environments, including document workflow, document management, e-forms, portal connectivity, optical character recognition and interoperability. The Company’s workflow-based services offer solutions to inefficient and labor-intensive healthcare business processes throughout the revenue cycle, such as chart coding, abstracting and completion, remote physician order processing, pre-admission registration scanning and signature capture, insurance verification, secondary billing services, explanation of benefits processing and release of information processing. “

Tesco Corp. (NASDAQ:TESO) was downgraded by analysts at Cowen and Company from an outperform rating to a market perform rating. The firm currently has $9.00 price target on the stock, down from their previous price target of $10.00.

Target Corp. (NYSE:TGT) was downgraded by analysts at Goldman Sachs Group Inc. to a sell rating.

United Overseas Bank (NASDAQ:UOVEY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “UOB is a leading bank in Singapore that provides a wide range of financial services through its global network of over 500 offices in 18 countries and territories in Asia-Pacific, Western Europe and North America. It has banking subsidiaries in Singapore, Malaysia, Indonesia, Thailand and mainland China. UOB is committed to playing an active and meaningful role in the community with our focus on children, education and the arts. “

Ur-Energy (NYSEMKT:URG) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “UR-ENERGY INC., is a uranium exploration and development company currently completing mine planning and permitting activities to bring its Lost Creek Wyoming uranium deposit into production. Ur-Energy engages in the identification, acquisition and exploration of uranium properties in both Canada and the United States. Ur-Energy has a registered office in Ottawa, Canada and its corporate headquarters are located in Littleton, Colorado. “

Vitamin Shoppe (NYSE:VSI) was downgraded by analysts at Goldman Sachs Group Inc. from a neutral rating to a sell rating.

United States Steel Corp. (NYSE:X) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating.

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