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Top Analyst Downgrades and Stocks to Sell: Cree, Melco, Monster, VIVUS and More
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Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell or to avoid. 24/7 Wall St. reviews many fresh research calls each and every day to find great ideas from value stocks to growth stocks to dividend stocks and we have broken out the negative analyst calls today. These are this Tuesday’s top analyst downgrades and cautious research notes from Wall Street.
AVG Technologies N.V. (NYSE: AVG) cut to Neutral from Buy at Goldman Sachs.
CIGNA Corp. (NYSE: CI) was cut to Hold from Buy at Jefferies.
Cree Inc. (NASDAQ: CREE) was cut to Neutral from Buy at Stern Agee.
KB Home (NYSE: KBH) was cut to Market Perform from Outperform at Raymond James.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) was cut to Neutral from Buy on valuation at UBS.
Monster Beverage Corp. (NASDAQ: MNST) was named Bear of the Day after bad earnings and higher regulatory concerns by Zacks Investment Research.
Ryland Group Inc. (NYSE: RYL) was cut to Underperform from Market Perform at Raymond James.
SolarCity Corp. (NASDAQ: SCTY) was cut to Neutral from Outperform on valuation after earnings at Credit Suisse.
VIVUS Inc. (NASDAQ: VVUS) was cut to Neutral from Buy by Lazard Capital.
See also: Top Analyst Upgrades and Positive Calls This Monday
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