Top Analyst Downgrades and Stocks to Sell: Cree, Melco, Monster, VIVUS and More
May 14, 2013 by Jon C. Ogg
AVG Technologies N.V. (NYSE: AVG) cut to Neutral from Buy at Goldman Sachs.
CIGNA Corp. (NYSE: CI) was cut to Hold from Buy at Jefferies.
Cree Inc. (NASDAQ: CREE) was cut to Neutral from Buy at Stern Agee.
KB Home (NYSE: KBH) was cut to Market Perform from Outperform at Raymond James.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) was cut to Neutral from Buy on valuation at UBS.
Monster Beverage Corp. (NASDAQ: MNST) was named Bear of the Day after bad earnings and higher regulatory concerns by Zacks Investment Research.
Ryland Group Inc. (NYSE: RYL) was cut to Underperform from Market Perform at Raymond James.
SolarCity Corp. (NASDAQ: SCTY) was cut to Neutral from Outperform on valuation after earnings at Credit Suisse.
VIVUS Inc. (NASDAQ: VVUS) was cut to Neutral from Buy by Lazard Capital.
See also: Top Analyst Upgrades and Positive Calls This Monday
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