Analysts Downgrades – QLTY, PEB, AMZN, ABVT, TRLG
The following stocks have recently had their ratings downgraded by stock analysts.
Quality Distribution (QLTY)Stifel Nicolaus has downgraded Quality Distribution’s rating
from: Buy – to – Hold. Quality Distribution Inc. and its subsidiaries are engaged in truckload transportation of bulk chemicals in North America.
Pebblebrook Hotel Trust (PEB)RBC Capital Mkts has downgraded Pebblebrook Hotel Trust’s rating
from: Outperform – to – Sector Perform
Target Price: $23.00 . Pebblebrook Hotel Trust is an internally managed hotel investment Company recently organized to opportunistically acquire and invest in hotel properties.
Amazon.com (AMZN)UBS has downgraded Amazon.com’s rating
from: Buy – to – Neutral
Target Price: $180.00 . Amazon.com, Inc. designs its websites to enable millions of unique products to be sold by its and by third parties across dozens of product categories. It also manufactures and sells the Kindle e-reader.
Abovenet (ABVT)BWS Financial has downgraded Abovenet’s rating
from: Buy – to – Hold
Target Price: $67.00 . AboveNet, Inc. provides fiber optic connectivity solutions for businesses and carriers. Its optical network delivers key network and IP services in U.S. metro markets and London.
True Religion (TRLG)FBR Capital has downgraded True Religion’s rating
from: Outperform – to – Mkt Perform
Target Price: $25.00 . True Religion Apparel, Inc. designs, markets, distributes and sells apparel under the brand name ‘True Religion Brand Jeans’ to fashion-conscious consumers on six continents, including North America, Europe, Asia, Australia, Africa and South America.
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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 |