Top Analyst Downgrades and Cautious Views from Wall Street
April 23, 2013 by Jon C. Ogg
These are this Tuesday’s top analyst downgrades and cautious research notes from Wall St.
Bankrate Inc. (NYSE: RATE) was downgraded to Sell from Neutral at Goldman Sachs.
Citigroup Inc. (NYSE: C) was reiterated as Sell as earnings trends were unsustainable according to Argus.
Compass Minerals International Inc. (NYSE: CMP) was downgraded to Underperform from Market Perform at BMO Capital Markets.
Microsoft Corp. (NASDAQ: MSFT) was maintained as Hold but earnings estimates were cut in 2013 and 2014, based on lower Windows 8 sales, by Argus.
Rogers Communications Inc. (NYSE: RCI) was downgraded to Neutral from Outperform but still called a core holding at Credit Suisse.
SLM Corp. (NASDAQ: SLM) was downgraded to Equal Weight from Overweight by Evercore Partners.
Western Union Co. (NYSE: WU) was downgraded to Neutral from Buy at Citigroup.
Yum! Brands Inc. (NYSE: YUM) was downgraded to Underperform from Buy at Bank of America/Merrill Lynch.
See also: Top Analyst Upgrades and Positive Research Calls
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.