Top Analyst Downgrades and Stocks to Sell: Coke, Carnival, Soda, UBS and More
May 22, 2013 by Jon C. Ogg
Caesars Entertainment Corp. (NASDAQ: CZR) was cut to Neutral from Outperform at Credit Suisse.
Carnival Corp. (NYSE: CCL) was cut to Neutral from Buy at HSBC.
Comerica Inc. (NYSE: CMA) was cut to Perform from outperform at Oppenheimer.
Dick’s Sporting Goods Inc. (NYSE: DKS) was cut to Market Perform from Outperform at BMO Capital Markets.
iGATE Corp. (NASDAQ: IGTE) was cut to Perform from outperform at Oppenheimer.
Joy Global Inc. (NYSE: JOY) was cut to Equal Weight from Overweight at Barclays.
Privatebancorp Inc. (NASDAQ: PVTB) was cut to Perform from outperform at Oppenheimer.
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Rosetta Resources Inc. (NASDAQ: ROSE) was cut to Neutral from Outperform at Cowen.
SodaStream International Ltd. (NASDAQ: SODA) was cut to Neutral from Overweight at J.P. Morgan.
See also: Top Analyst Upgrades and Positive Calls This Wednesday
SunTrust Banks Inc. (NYSE: STI) was cut to Perform from outperform at Oppenheimer.
UBS A.G. (NYSE: UBS) was cut to Underperform from Market Perform at KBW.
BMO Capital Markets initiated coverage on both Coca-Cola Co. (NYSE: KO) and Dr Pepper Snapple Group Inc. (NYSE: DPS) with Market Perform ratings.
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