Equities Research Analysts’ downgrades for Tuesday, August 22nd:
Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) was downgraded by analysts at Credit Suisse Group from an outperform rating to a neutral rating. The firm currently has $44.00 target price on the stock.
Calpine Corporation (NYSE:CPN) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “CALPINE CORPORATION is helping meet the needs of an economy that demands more and cleaner sources of electricity. Calpine is a major U.S. power company, capable of delivering nearly 24,000 megawatts of clean, cost-effective, reliable and fuel-efficient electricity to customers and communities in 18 states in the U.S. The company owns, leases and operates low-carbon, natural gas-fired and renewable geothermal power plants. Using advanced technologies, Calpine generates electricity in a reliable and environmentally responsible manner for the customers and communities it serves. “
Corindus Vascular Robotics (NYSEMKT:CVRS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Corindus Vascular Robotics, Inc. is involved in designing, manufacturing and selling precision vascular robotic-assisted systems for interventional vascular procedures. The Company’s product includes CorPath 200 system a vascular robotic system which provide stent placement in percutaneous coronary intervention procedures. Corindus Vascular Robotics, Inc. is based in Waltham, Massachusetts. “
Camping World Holdings (NYSE:CWH) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Camping World Holdings, Inc. is a provider of services, protection plans, products and resources for recreational vehicle enthusiasts. The company’s brand consists of Camping World and Good Sam. It offers new and used RVs for sale, vehicle service and maintenance through retail locations and membership clubs. Camping World Holdings, Inc. is based in Lincolnshire, United States. “
Deutsche Telekom AG (NASDAQ:DTEGY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Deutsche Telekom is Europe’s largest communications company and one of the largest communications carriers worldwide. Through T-Mobile, Deutsche Telekom’s mobile telephony subsidiary, and through other subsidiaries and investments, Deutsche Telekom serves mobile telephony customers worldwide. Deutsche Telekom offers its customers a complete range of fixed-line voice telephony products and services. “
Campari Group (OTCMKTS:DVDCY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Davide Campari Milano SpA is engaged in the beverage industry, which has spirits, wines and soft drinks segments. It products includes Aperol, Appleton Estate, Campari, SKYY, Wild Turkey and Grand Marnier. Davide Campari Milano SpA headquartered in Milan, Italy. “
Ekso Bionics Holdings (NASDAQ:EKSO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Ekso Bionics Holdings, Inc. is engaged in designing, developing and selling wearable robots or exoskeletons for the medical, military, industrial and consumer markets. The company’s operating segment consists of Engineering Services and Medical segments. It operates primarily in North America, Western Europe, the Middle East and South Africa. Ekso Bionics Holdings, Inc. is headquartered in Richmond, California. “
First Financial Bankshares (NASDAQ:FFIN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “FIRST FINL BANKSHARES, INC. is a registered multi-bank holding company. “
Flexion Therapeutics (NASDAQ:FLXN) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Flexion Therapeutics, Inc. is a specialty pharmaceutical company. It is focused on the development and commercialization of injectable pain therapies. The Company is targeting anti-inflammatory and analgesic therapies for the treatment of patients with musculoskeletal conditions. It operates in the United States. The Company’s product candidate, FX006, is an injectable intra-articular, meaning in the joint, sustained-release treatment for patients with moderate to severe OA pain. It is developing two additional product candidates, FX007 for post-operative pain and FX005 to treat end-stage OA patients. Flexion Therapeutics, Inc. is headquartered in Burlington, Massachusetts. “
First Mid-Illinois Bancshares (NASDAQ:FMBH) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “First Mid-Illinois Bancshares, Inc. is a financial holding company. The Company is engaged in the business of banking through its wholly owned subsidiary, First Mid-Illinois Bank & Trust, N.A. It operates in three lines of business: community banking and wealth management through First Mid Bank, and insurance brokerage through First Mid Insurance Group. The company’s deposit products include demand, savings, money market, and time deposits, as well as NOW accounts. Its loan portfolio primarily comprise commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans. The company also offers estate planning, investment, and farm management services; and employee benefit services. In addition, it provides commercial lines insurance to businesses; and homeowner, automobile, and other types of personal lines insurance to individuals. First Mid-Illinois Bancshares, Inc is headquartered in Mattoon, Illinois. “
Finisar Corporation (NASDAQ:FNSR) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “FINISAR CORP. is a provider of fiber optic subsystems and network test and monitoring systems which enable high-speed data communications over local area networks, or LANs, storage area networks, or SANs, and metropolitan access networks, or MANs. They are focused on the application of digital fiber optics to provide aline of high-performance, reliable, value-added optical subsystems for data networking and storage equipment manufacturers. “
Fox Factory Holding Corp. (NASDAQ:FOXF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Fox Factory Holding Corp. is a designer, manufacturer and marketer of suspension products used primarily on mountain bikes, side-by-side vehicles, on-road vehicles, off-road vehicles, all-terrain vehicles, snowmobiles, specialty vehicles and applications and motorcycles. Fox Factory Holding Corp. is headquartered in California. “
Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Fifth Street Senior Floating Rate Corp. is a business development company. It invests primarily in senior secured loans, including first lien, unitranche and second lien debt instruments. The Company’s investment objective is to maximize the portfolio’s total return by generating current income from debt investments while seeking to preserve capital. Fifth Street Senior Floating Rate Corp. is based in White Plains, New York. “
Gevo (NASDAQ:GEVO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Gevo, Inc. is a renewable chemicals and advanced biofuels company engaged in the development of biobased alternatives to petroleum-based products using a combination of synthetic biology and chemistry. The Company is focused on the commercialization of isobutanol, a naturally occurring four carbon alcohol with broad applications in large chemicals and fuels markets. Isobutanol can be used as a solvent and a gasoline blendstock and can be further processed into jet fuel and feedstocks for the production of synthetic rubber, plastics and polyesters. Markets served by the Company include solvents and coatings, materials, plastics and fibers, biojet blendstock, gasoline blendstock and other hydrocarbon fuels. “
Glencore PLC (OTCMKTS:GLNCY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Glencore Plc operates as a diversified natural resource company. It operates in three groups: Metals and Minerals, Energy Products, and Agricultural Products. The Metals and Minerals segment is involved in mining, smelting, refining, and warehousing copper, nickel, zinc/lead, alloys, alumina/aluminum and iron ore. The Energy Products segment includes controlled and non-controlled coal mining and oil production operations and investments in strategic handling, storage and freight equipment and facilities. The Agricultural Products segment focuses on grains, oils/oilseeds, cotton and sugar. The Company’s operations consist of mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities. It is a producer and marketer of commodities, such as mobile phones, bicycles, cutlery, plastics and electricity. Glencore Plc, formerly known as Glencore Xstrata PLC, is headquartered in Baar, Switzerland. “
Galp Energia SGPS SA (OTCMKTS:GLPEY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Galp Energia SGPS SA is an energy company engaged in the exploration and production of oil and natural gas. It is also engaged in refining and marketing of oil products, natural gas marketing and sales and power generation. Galp Energia offers products within the following groups: motor fuels, natural gas, LPG, bitumen, chemicals and lubricants. The Company also offers gas appliances for cooking, heating or lighting. Galp Energia SGPS SA is headquartered in Lisbon, Portugal. “
Hain Celestial Group (NASDAQ:HAIN) was downgraded by analysts at UBS AG from a positive rating to a neutral rating.
H.I.S. Co (NASDAQ:HISJF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “H.I.S. Co., Ltd. provides travel agency services. The company offers business trips, group tours and package tours; Skywalker cards and gift cards; overseas travel insurance products. It operates primarily in Australia, Bali Island, Guam, Thailand and South Korea. H.I.S. Co., Ltd. is based in Tokyo, Japan. “
Horiba (NASDAQ:HRIBF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Horiba Ltd. engages in manufacture and sale of instruments and systems for industrial applications. Its operating segments include Automotive Test Systems, Process and Environmental Instruments, Semiconductor Instruments, Medical-Diagnostic Instruments and Systems and Scientific Instruments and Systems. The company operates primarily in America, Asia and Oceania, Japan and Europe. Horiba Ltd is engaged in Kyoto, Japan. “
Histogenics Corporation (NASDAQ:HSGX) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Histogenics Corporation is a regenerative medicine company. It is focused on developing and commercializing products in the musculoskeletal segment. The company is developing NeoCart(R) product to provide treatment in the orthopedic space. Histogenics Corporation is headquartered in Waltham, Massachusetts. “
JinkoSolar Holding Company Limited (NYSE:JKS) was downgraded by analysts at Credit Suisse Group from an outperform rating to a neutral rating. They currently have $20.00 price target on the stock, down from their previous price target of $25.00.
Johnson Matthey PLC (NASDAQ:JMPLY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Johnson Matthey Plc is a speciality chemicals company focused on its core skills in catalysis, precious metals, fine chemicals and process technology. Its principal activities comprise manufacture of autocatalysts, heavy duty diesel catalysts and pollution control systems, catalysts and components for fuel cells, catalysts and technologies for chemical processes, fine chemicals, chemical catalysts and active pharmaceutical ingredients. The Company also engages in the marketing, refining, and fabrication of precious metals. Its environmental technologies include emission control technologies, process technologies and fuel cells. Its precious metals products include platinum, noble metals, catalysts, chemicals and refining and colour technologies. Its fine chemicals include macfarlan smith, pharmaceutical materials and services and research chemicals. Johnson Matthey Plc is headquartered in London, U.K. “
Jsr Corp (NASDAQ:JSCPY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “JSR Corp. engages in the manufacture and sale of synthetic rubber and chemical materials. Its operating segment consists of Elastomers, Plastics and Fine Chemicals and Other Products. Elastomers segment produces and merchandises general purpose synthetic rubber for automobile tires, special high performance rubber for automotive components, thermoplastic elastomers for plastic enhancements, and emulsion for paper coating. Plastics segment deals with Acrylonitrile Butadiene Styrene, Acrylonitrile Ethylene Styrene and Acrylonitrile Styrene Acrylate plastics for automobiles, office automation equipment and amusement machines. Fine Chemicals and Other Products segment manufactures and sells semiconductor, flat panel display and optical fiber coating materials. JSR Corp. is headquartered in Tokyo, Japan. “
Mylan N.V. (NASDAQ:MYL) was downgraded by analysts at Argus from a buy rating to a hold rating.
NxStage Medical (NASDAQ:NXTM) was downgraded by analysts at Leerink Swann from an outperform rating to a market perform rating. They currently have $30.00 target price on the stock, up from their previous target price of $28.00.
Tarena International (NASDAQ:TEDU) was downgraded by analysts at Instinet from a buy rating to a neutral rating. The firm currently has $19.50 price target on the stock, down from their previous price target of $22.50.
TriNet Group (NYSE:TNET) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating. Morgan Stanley currently has $31.00 target price on the stock, up from their previous target price of $27.00.
Weyerhaeuser (NYSE:WY) was downgraded by analysts at BMO Capital Markets from an outperform rating to a market perform rating.
