The following stocks have recently had their ratings downgraded by stock analysts.
Ctrip.com (NASDAQ:CTRP) Brean Murray has downgraded Ctrip.com’s rating
from: Hold – to – Sell
Target Price: $19.00 . Ctrip.com International, Ltd. is engaged in the provision of travel related services including hotel reservation, air-ticketing, packaged-tour services, as well as, to a much lesser extent, Internet-related advertising and other related services.
Ensco (NYSE:ESV) Standpoint Research has downgraded Ensco’s rating
from: Buy – to – Hold. Ensco PLC provides of offshore contract drilling services to the international oil and gas industry.
Genomic Health (NASDAQ:GHDX) GARP Research has downgraded Genomic Health’s rating
from: Buy – to – Neutral. Genomic Health, Inc. is engaged in the development and commercialization of genomic-based clinical diagnostic tests for cancer that allow physicians and patients to make individualized treatment decisions.
Oracle (NASDAQ:ORCL) JMP Securities has downgraded Oracle’s rating
from: Mkt Outperform – to – Mkt Perform. Oracle Corporation develops, manufactures, markets, distributes and services database and middleware software as well as applications software designed to help its customers manage and grow their business operations.
Gilead Sciences (NASDAQ:GILD) Barclays Capital has downgraded Gilead Sciences’s rating
from: Overweight – to – Equal Weight
Target Price: $53.00 . Gilead Sciences, Inc. is a biopharmaceutical company which discovers, develops and commercializes therapeutics in areas of unmet medical need. The Company has operations in North America, Europe and Australia.
Essex Property (NYSE:ESS) RBC Capital Mkts has downgraded Essex Property’s rating
from: Outperform – to – Sector Perform
Target Price: $150.00 . Essex Property Trust is a self-administered and self-managed REIT that acquires, develops, redevelops and manages apartment communities in selected residential areas located primarily in the West Coast of the United States.
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Post Written By: Malcolm Peterson
Malcolm Peterson has been trading stocks since 2001 and has an impressive portfolio given the market conditions recently. Malcolm working diligently to find stocks of interest for our users
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