Analysts Downgrades – AXE, SYMC, DV, WMT, WAB, QEP
The following stocks have recently had their ratings downgraded by stock analysts.
Anixter (NYSE:AXE) Stifel Nicolaus has downgraded Anixter’s rating
from: Buy – to – Hold. Anixter International Inc. is engaged in the distribution of communications and electrical wire and cable products and fasteners and other small parts.
Symantec (NASDAQ:SYMC) RBC Capital Mkts has downgraded Symantec’s rating
from: Outperform – to – Sector Perform
Target Price: $18.00 . Symantec Corporation provides security, storage and systems management solutions to help businesses and consumers secure and manage their information. It has business in three geographic regions: Americas, EMEA and Asia Pacific Japan.
DeVry (NYSE:DV) Barrington Research has downgraded DeVry’s rating
from: Outperform – to – Mkt Perform. DeVry, Inc., through its wholly-owned subsidiaries, owns and operates DeVry University, Ross University, Chamberlain College of Nursing, U.S. Education, Becker Professional Education and Advanced Academics.
Wal-Mart (NYSE:WMT) Argus has downgraded Wal-Mart’s rating
from: Buy – to – Hold. Wal-Mart Stores, Inc. operates Walmart discount stores, supercenters, Neighborhood Markets and Sam’s Club locations in the United States.
Wabtec (NYSE:WAB) KeyBanc Capital Mkts has downgraded Wabtec’s rating
from: Buy – to – Hold. Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the global rail industry.It primarily serves the worldwide freight rail and passenger transit industries.
QEP Resources (NYSE:QEP) Howard Weil has downgraded QEP Resources’s rating
from: Focus Stock – to – Market Outperform. QEP Resources, Inc. is an independent natural gas and oil exploration and production company. It is a holding company with three lines of business gas and oil exploration and production, midstream field services, and energy marketing.
McDonald’s (NYSE:MCD) Argus has downgraded McDonald’s’s rating
from: Buy – to – Hold. McDonald’s Corporation franchises and operates McDonald’s restaurants in the food service industry. The Company and its franchisees purchase food, packaging, equipment and other goods from numerous independent suppliers.
Ceradyne (NASDAQ:CRDN) Needham has downgraded Ceradyne’s rating
from: Buy – to – Hold. Ceradyne Inc. develops, manufactures and markets advanced technical ceramic products, ceramic powders and components for defense, industrial, automotive/diesel and commercial applications.
Rent-A-Center (NASDAQ:RCII) Hilliard Lyons has downgraded Rent-A-Center’s rating
from: Long-term Buy – to – Neutral. Rent-A-Center, Inc. is an operator in the United States rent-to-own industry.
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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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