Top Analyst Downgrades and Stocks to Sell: Barrick Gold, Mosaic, Netgear and More

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By Jon C. Ogg Updated Published
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Investors often get to see many analyst upgrades and Buy ratings from Wall Street firms, but they often miss when analysts 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.

Barrick Gold Corp. (NYSE: ABX) was downgraded to Neutral from Outperform at Credit Suisse.

Lufkin Industries Inc. (NASDAQ: LUFK) was downgraded to Market Perform from Outperform at Wells Fargo.

Mosaic Co. (NYSE: MOS) was downgraded to Neutral from Buy at Citigroup.

Netgear Inc. (NASDAQ: NTGR) was downgraded to Sell from Neutral at Goldman Sachs.

Pan American Silver Corp.(NASDAQ: PAAS) was downgraded to Neutral from Outperform at Credit Suisse.

Rubicon Technology Inc. (NASDAQ: RBCN) was downgraded to Neutral from Overweight at J.P. Morgan

Silver Wheaton Corp. (NYSE: SLW) was downgraded to Neutral from Outperform at Credit Suisse.

Here are the top analyst upgrades and positive calls for Monday.

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.

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