Investing

Top Analyst Downgrades and Stocks to Sell: Barrick Gold, Mosaic, Netgear and More

Investors often get to see many analyst upgrades and Buy ratings from Wall Street firms, but they often miss when analysts say to sell or avoid a stock. 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 Wednesday’s top analyst downgrades and cautious research notes from Wall Street.

Barrick Gold Corp. (NYSE: ABX) was downgraded to Neutral from Outperform at Credit Suisse.

Lufkin Industries Inc. (NASDAQ: LUFK) was downgraded to Market Perform from Outperform at Wells Fargo.

Mosaic Co. (NYSE: MOS) was downgraded to Neutral from Buy at Citigroup.

Netgear Inc. (NASDAQ: NTGR) was downgraded to Sell from Neutral at Goldman Sachs.

Pan American Silver Corp.(NASDAQ: PAAS) was downgraded to Neutral from Outperform at Credit Suisse.

Rubicon Technology Inc. (NASDAQ: RBCN) was downgraded to Neutral from Overweight at J.P. Morgan

Silver Wheaton Corp. (NYSE: SLW) was downgraded to Neutral from Outperform at Credit Suisse.

Here are the top analyst upgrades and positive calls for Monday.

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.