S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Top Analyst Downgrades and Stocks to Sell: BlackBerry, Cliffs Natural, Sprint and More

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Bull and Bear
Jon Ogg
Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What they often miss out on are the instances where analysts downgrade these stocks, particularly when it is a stock to sell or 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 Wednesday’s top analyst downgrades and cautious research notes from Wall Street.

American Eagle Outfitters Inc. (NYSE: AEO) was downgraded to Neutral from Buy at Citigroup.

BlackBerry (NASDAQ: BBRY) was downgraded to Underperform from Market Perform at Bernstein just a day after FBR Capital Markets was positive on it; shares are indicated down about 3% early on.

Century Aluminum Co. (NASDAQ: CENX) was downgraded to Underperform from Neutral at BofA/Merrill Lynch; shares are down more than 2%.

Cliffs Natural Resources Inc. (NYSE: CLF) was downgraded to Underperform from Neutral at BofA/Merrill Lynch; shares are down almost 2%.

KLA-Tencor Corp. (NASDAQ: KLAC) was downgraded to Hold from Buy at Stifel Nicolaus.

Novo Nordisk A/S (NYSE: NVO) was downgraded to Underperform from Neutral by BNP Paribas.

Sprint Nextel Corp. (NYSE: S) was downgraded to Neutral from Outperform at Macquarie as the merger saga is becoming more finite; shares are down 3%.

Tetra Tech Inc. (NASDAQ: TTEK) was downgraded to Hold from Buy after an earnings warning by Brean Capital; shares are down 10%.

Read also: Top Analyst Upgrades and Positive Research Calls

We want to know what you think about something odd in the market right now, with DJIA gains or losses of 100 points or more in three-fourths of the last month’s worth of trading days. Our public opinion poll simply wants to know if the markets are too volatile.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Continue Reading

Jon C. Ogg |

Top 10 Analyst Upgrades and Downgrades: Cisco, Deere, Gap, Linn Energy and More

Jon OggStocks are back in the public interest, and investors are on the hunt for solid research ideas. 24/7 Wall…
Jon C. Ogg |

Top Analyst Downgrades and Stocks to Sell: Agilent, Melco Crown, Netflix and More

Jon OggInvestors get to see many analyst upgrades and Buy ratings from Wall Street firms, but they often miss or…
Top Analyst Upgrades and Downgrades: Duke Energy, Ford, GM, Huntington Bancshares, Tyson Foods and More
Jon C. Ogg |

Top Analyst Upgrades and Downgrades: Duke Energy, Ford, GM, Huntington Bancshares, Tyson Foods and More

[cnxvideo id=”509734″ placement=”ros”] Monday brought on a trifecta for investors as the Dow, S&P 500 and Nasdaq all three hit…
Jon C. Ogg |

Top 10 Analyst Upgrades and Downgrades: EMC, HP, ViroPharma and More

These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Wednesday, July 10, 2013.…
Jon C. Ogg |

Top Analyst Upgrades and Downgrades: 3D, Hasbro, Dollar Tree, Tyson and More

Jon OggThis will be an interesting week for Wall Street analyst coverage as many traders, investors and analysts are out…
Jon C. Ogg |

Top Analyst Upgrades and Downgrades: Comcast, Monsanto, VMware and More

Jon OggIt the week ahead of Labor Day, so research and investment banking departments are running light. Still, there are…
Jon C. Ogg |

Top Analyst Upgrades and Stocks to Buy: AMD, Google, Pandora and More

Investors and traders are frequently looking for fresh research ideas that will lead to higher income or more profits. 24/7…
Jon C. Ogg |

Top Analyst Downgrades and Stocks to Sell: Buckeye, MannKind, VistaPrint and More

Jon OggInterest rates have risen and volatility in stocks has resumed. Traders and investors are looking for bargain stocks but…
Jon C. Ogg |

Top Analyst Upgrades and Downgrades: Agilent, SanDisk, SunEdison, Urban Outfitters, Walt Disney and Many More

Jon OggStocks were indicated lower on Tuesday due to weak retail earnings and due to Chinese stock market weakness persisting.…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618