Top Analyst Downgrades and Stocks to Sell: Atmel, Barclays, Enbridge, J.C. Penney and More
August 1, 2013 by Jon C. Ogg
Atmel Corp. (NASDAQ: ATML) was downgraded to Neutral from Positive at Susquehanna.
Barclays PLC (NYSE: BCS) was downgraded to Market Perform from Outperform at Bernstein.
Covance Inc. (NYSE: CVD) was downgraded to Neutral from Buy at BofA/Merrill Lynch, but it was upgraded to Overweight at a firm called First Analysis.
Enbridge Energy Partners L.P. (NYSE: EEP) was downgraded to Neutral from Buy at Citigroup.
Entropic Communications Inc. (NASDAQ: ENTR) has seen at least two downgrades after earnings: cut to Neutral at Mizuho and a cut to Hold at Benchmark.
Humana Inc. (NYSE: HUM) was downgraded to Neutral from Buy at Citigroup.
J.C. Penney Co. Inc. (NYSE: JCP) was downgraded to Sell from Neutral at Citigroup.
Papa John’s International Inc. (NASDAQ: PZZA) was downgraded to Hold from Buy at KeyBanc.
Raymond James Financial Inc. (NYSE: RJF) was downgraded to Neutral From Positive at Susquehanna.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.