Top Analyst Downgrades and Stocks to Sell: BlackBerry, LinkedIn, Renren and More

May 15, 2013 by Jon C. Ogg

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 Wednesday’s top analyst downgrades and cautious research notes from Wall Street.

BlackBerry (NASDAQ: BBRY) was cut to Market Perform from Outperform at Bernstein.

Charles Schwab Corp. (NYSE: SCHW) was cut to Underweight from Equal Weight at Barclays.

Clorox Inc. (NYSE: CLX) cut to Neutral from Outperform at Credit Suisse.

E*Trade Financial Corp. (NASDAQ: ETFC) was cut to Underweight from Equal Weight at Barclays.

Gardner Denver Inc. (NYSE: GDI) was cut to Neutral from Outperform at Credit Suisse.

Golar LNG Ltd. (NASDAQ: GLNG) was cut to Sell from an already cautious Neutral rating at Goldman Sachs.

Janus Capital Group Inc. (NYSE: JNS) was cut to Underweight from Overweight at Barclays.

LinkedIn Corp. (NYSE: LNKD) was started as Neutral based upon valuation at Baird.

Renren Inc. (NYSE: RENN) was cut to Perform from Outperform at Oppenheimer.

Smithfield Foods Inc. (NYSE: SFD) was cut to Hold from Buy at BB&T.

TD Ameritrade Holding Corp. (NYSE: AMTD) was cut to Underweight from Equal Weight at Barclays.

See also: Top Analyst Upgrades and Positive Calls This Monday

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