Top Analyst Downgrades and Stocks to Sell: Gold, DreamWorks, RBS and More

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published

Bull and Bear

Investors get to see many upgrades and positive research calls from Wall Street firms, but it is very frequent that they do not get to see when analysts downgrade stocks to sell or tell their clients to avoid issues. 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.

AngloGold Ashanti Ltd. (NYSE: AU) was downgraded to Sell from Hold at Societe Generale.

Banco Santander S.A. (NYSE: SAN) was downgraded to Underweight from Neutral at J.P. Morgan.

DreamWorks Animation SKG Inc. (NASDAQ: DWA) was started with an Underperform rating.

Rangold Resources Ltd. (NASDAQ: GOLD) was downgraded to Hold from Buy at Societe General.

Republic Services Inc. (NYSE: RSG) was removed from the Conviction Buy List and downgraded to Neutral at Goldman Sachs.

Royal Bank of Scotland Group PLC (NYSE: RBS) was downgraded to Sell from Hold by Deutsche Bank.

Safeway Inc. (NYSE: SWY) was downgraded to Neutral from Buy at Citigroup.

Waste Management Inc. (NYSE: WM) was downgraded to Neutral from Buy at Goldman Sachs.

Here is housing sector piece over whether rising rates will harm the home builders.

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

MGM Vol: 27,683,097
CDW
CDW Vol: 3,240,293
DDOG Vol: 11,190,990
IT Vol: 2,031,591
DELL Vol: 20,848,965

Top Losing Stocks

FDX Vol: 2,399,340
CBOE Vol: 2,828,165
QCOM Vol: 21,186,645
CTRA Vol: 73,319,495
CEG Vol: 11,480,635