Top Analyst Downgrades and Stocks to Sell: Barnes & Noble, Vera Bradley and More
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.
Barnes & Noble Inc. (NYSE: BKS) was cut to Neutral from Buy at Janney.
Coldwater Creek Inc. (NASDAQ: CWTR) was cut to Neutral from Buy at B. Riley.
Endo Health Solutions Inc. (NASDAQ: ENDP) was cut to Sell from Neutral at Cantor Fitzgerald.
First Horizon National Corp. (NYSE: FHN) was cut to Equal Weight from Overweight at Morgan Stanley.
Vera Bradley Inc. (NASDAQ: VRA) was cut to Market Perform from Outperform at Wells Fargo.
Here are the Top Analyst Upgrades and Stocks to Buy this morning.
Sterne Agee started coverage on many retailers. We covered the Buy ratings on the upgrades and positive calls montage this morning, but here were the companies started with the cautious Neutral ratings: Dollar General Corp. (NYSE: DG), Family Dollar Stores Inc. (NYSE: FDO), Five Below (NASDAQ: FIVE), Kohl’s Corp. (NYSE: KSS) and Saks Inc. (NYSE: SKS).