Analysts Downgrades – RDEA, STBA, SEMG, RMBS, MBFI, ABVT


The following stocks have recently had their ratings downgraded by stock analysts.

Ardea Biosciences (NASDAQ:RDEA) Brean Murray has downgraded Ardea Biosciences’s rating
from: Buy – to – Hold. Ardea Biosciences, Inc.is a biotechnology company focused on the discovery and development of small-molecule therapeutics for the treatment of gout, human immunodeficiency virus, cancer and inflammatory diseases.

S&T Bancorp (NASDAQ:STBA) Boenning & Scattergood has downgraded S&T Bancorp’s rating
from: Outperform – to – Neutral. S&t Bancorp Inc. is a bank holding company and has two wholly owned subsidiaries, S&T Bank and 9th Street Holdings, Inc. It provides a full range of financial services; retail and commercial banking products.

SemGroup (NYSE:SEMG) Imperial Capital has downgraded SemGroup’s rating
from: Outperform – to – In-line
Target Price: $31.00 .

Rambus (NASDAQ:RMBS) BWS Financial has downgraded Rambus’s rating
from: Buy – to – Hold. Rambus, Inc is the technology licensing company and focuses on the design, development and licensing of chip interface technologies and architectures that are foundational to nearly all digital electronics products.

MB Financial (NASDAQ:MBFI) Stifel Nicolaus has downgraded MB Financial’s rating
from: Buy – to – Hold. MB Financial, Inc.is a financial holding company, which provides a range of financial services to small and middle market businesses and individuals and corporate customers through its banking subsidiary, MB Financial Bank, N.A.

Abovenet (NYSE:ABVT) RBC Capital Mkts has downgraded Abovenet’s rating
from: Outperform – to – Sector Perform
Target Price: $84.00 . 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.

Forward Air (NASDAQ:FWRD) Robert W. Baird has downgraded Forward Air’s rating
from: Outperform – to – Neutral
Target Price: $40.00 . Forward Air Corporation provides surface transportation and related logistics services to the North American deferred air freight market. Its operations are classified into two segments: Forward Air, Inc. and Forward Air Solutions, Inc.

Forward Air (NASDAQ:FWRD) Dahlman Rose has downgraded Forward Air’s rating
from: Buy – to – Hold. Forward Air Corporation provides surface transportation and related logistics services to the North American deferred air freight market. Its operations are classified into two segments: Forward Air, Inc. and Forward Air Solutions, Inc.

First Solar (NASDAQ:FSLR) Maxim Group has downgraded First Solar’s rating
from: Hold – to – Sell
Target Price: $9.00 . First Solar, Inc. designs, manufactures and sells solar electric power modules using a proprietary thin film semiconductor technology. Its business includes project development, engineering, procurement & construction, operating and maintenance services.

Knology (NASDAQ:KNOL) RBC Capital Mkts has downgraded Knology’s rating
from: Outperform – to – Sector Perform
Target Price: $19.75 . Knology, Inc. is a provider of video, voice, data and advanced communications services to residential and business customers in ten markets in the Southeastern United States and two markets in the Midwestern 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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