Top Analyst Downgrades (BBY, KO, EBAY, GILD, IGT, MAC, SUN, TSO, VRTU)
July 18, 2008 by Douglas A. McIntyreThese are not all of the Downgrades or negative analyst calls seen this morning but these are some of the top calls seen this Friday morning:
- Best Buy (NYSE: BBY) Cut to Outperform from Top Pick at RBC Capital.
- Coca Cola (NYSE: KO) removed from Goldman Sachs Conviction Buy List.
- EBay (NASDAQ: EBAY) Cut to Neutral from Buy at Goldman Sachs.
- Gilead Sciences (NASDAQ: GILD) Cut to Hold from Buy at Jefferies.
- International Game Technology (NYSE: IGT) Cut to Hold from Buy at Citigroup; Cut to Perform at Oppenheimer.
- Macerich (NYSE: MAC) Cut To Neutral From Buy By Goldman Sachs
- Sunoco (NYSE: SUN) and Tesoro (NYSE: TSO) Cut to Market Perform from Outperform at Bernstein.
- Virtusa (NASDAQ: VRTU) Cut to Neutral from Overweight at JPMorgan.
Jon C. Ogg
July 18, 2008
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.