Top Analyst Downgrades and Stocks to Sell: Wynn, Avago, Transocean and More
July 11, 2013 by Jon C. Ogg
American Capital Agency Corp. (NASDAQ: AGNC) was downgraded to Equal Weight from Overweight at Evercore Partners.
Avago Technologies Ltd. (NASDAQ: AVGO) was downgraded to Hold from Buy at Jefferies.
Cliffs Natural Resources Inc. (NYSE: CLF) was downgraded to Sector Perform at CIBC.
Family Dollar Stores Inc. (NYSE: FDO) was downgraded to Equal Weight from Overweight at Barclays.
Jive Software Inc. (NASDAQ: JIVE) was downgraded to Neutral from Buy at UBS.
Lululemon Athletica Inc. (NASDAQ: LULU) was reinstated in new coverage again but only with a Neutral rating by Jefferies.
Marketo Inc. (NASDAQ: MKTO) was downgraded to Sell from Neutral at UBS.
Transocean Ltd. (NYSE: RIG) was downgraded to Market Perform from Outperform at BMO Capital Markets.
Wynn Resorts Ltd. (NASDAQ: WYNN) was downgraded to Underweight from Equal Weight at Morgan Stanley.
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