Top Analyst Downgrades and Stocks to Sell: Carnival, KKR, BlackRock and More

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By Jon C. Ogg Updated Published

Bull and Bear

Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell or to avoid. 24/7 Wall St. reviews many fresh research calls each and every day to find great ideas from value stocks to growth stocks to dividend stocks, and we have broken out the negative analyst calls today. These are this Thursday’s top analyst downgrades and cautious research notes from Wall Street.

AutoNation Inc. (NYSE: AN) was cut to Sell from an already cautious Neutral rating at UBS.

Baker Hughes Inc. (NYSE: BHI) was cut to Underweight from Equal Weight at Morgan Stanley.

BlackRock Inc. (NYSE: BLK) was cut to Neutral from Positive at Susquehanna.

Carnival Corp. (NYSE: CCL) was cut to Underperform from Neutral at BMP Paribas.

Dean Foods Co. (NYSE: DF) was cut to Market Perform from Outperform at BMO Capital Markets.

Halliburton Co. (NYSE: HAL) was cut to Underweight from Equal Weight at Morgan Stanley.

Kohlberg Kravis Roberts & Co. (NYSE: KKR) was cut to Market Perform from Outperform at BMO Capital Markets.

Read also: A How-To Guide to Capitalize on Rising Interest Rates

Noble Corp. (NYSE: NE) was cut to Neutral from Overweight at J.P. Morgan.

Sonic Automotive Inc. (NYSE: SAH) was cut to Sell from an already cautious Neutral rating at UBS.

TECO Energy Inc. (NYSE: TE) was cut to Sell from Neutral at UBS.

Here are the top upgrades and stocks to buy this morning.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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