Top Analyst Downgrades and Stocks to Sell: Bank of America, Schwab, SanDisk and More

Bank of America Corp. (NYSE: BAC) was cut to Market Perform from outperform at KBW.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) was cut to Hold from Buy at Jefferies.

BlackRock Inc. (NYSE: BLK) was cut to Market Perform from Outperform at KBW.

Brinker International Inc. (NYSE: EAT) was cut to Market Perform from outperform at Wells Fargo.

Charles Schwab Corp. (NYSE: SCHW) was cut to Underperform from Market Perform at KBW.

Kansas City Southern Corp. (NYSE: KSU) was cut to Sell from Hold at Stifel Nicolaus.

Leap Wireless Inc. (NASDAQ: LEAP) was cut to Sell from an already cautious Hold rating at Deutsche Bank.

Lowe’s Companies Inc. (NYSE: LOW) was cut to Perform from outperform at Oppenheimer.

NeuStar Inc. (NYSE: NSR) was cut to Neutral from Buy at Goldman Sachs.

Red Hat Inc. (NYSE: RHT) was cut to Market Perform from Outperform BMO Capital.

Ruby Tuesday Inc. (NYSE: RT) was cut to Market Perform from Outperform at Wells Fargo.

SanDisk Corp. (NASDAQ: SNDK) was cut to Neutral from Buy at Nomura.

TD Ameritrade Holding Corp. (NYSE: AMTD) was cut to Underperform from Market Perform at KBW.

See also: Top Analyst Upgrades and Positive Calls This Monday