Investing

Top Analyst Downgrades and Stocks to Sell: Coke, Carnival, Soda, UBS and More

Investors often see the analyst upgrades and big buy ratings from Wall Street firms, but they do not always get to see when these firms say to sell or avoid a stock. 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 Wednesday’s top analyst downgrades and cautious research notes from Wall Street.

Caesars Entertainment Corp. (NASDAQ: CZR) was cut to Neutral from Outperform at Credit Suisse.

Carnival Corp. (NYSE: CCL) was cut to Neutral from Buy at HSBC.

Comerica Inc. (NYSE: CMA) was cut to Perform from outperform at Oppenheimer.

Dick’s Sporting Goods Inc. (NYSE: DKS) was cut to Market Perform from Outperform at BMO Capital Markets.

iGATE Corp. (NASDAQ: IGTE) was cut to Perform from outperform at Oppenheimer.

Joy Global Inc. (NYSE: JOY) was cut to Equal Weight from Overweight at Barclays.

Privatebancorp Inc. (NASDAQ: PVTB) was cut to Perform from outperform at Oppenheimer.

Read also: Is this a 2013 Solar Stock Bubble?

Rosetta Resources Inc. (NASDAQ: ROSE) was cut to Neutral from Outperform at Cowen.

SodaStream International Ltd. (NASDAQ: SODA) was cut to Neutral from Overweight at J.P. Morgan.

See also: Top Analyst Upgrades and Positive Calls This Wednesday

SunTrust Banks Inc. (NYSE: STI) was cut to Perform from outperform at Oppenheimer.

UBS A.G. (NYSE: UBS) was cut to Underperform from Market Perform at KBW.

BMO Capital Markets initiated coverage on both Coca-Cola Co. (NYSE: KO) and Dr Pepper Snapple Group Inc. (NYSE: DPS) with Market Perform ratings.

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.