Research Analysts’ downgrades for Wednesday, August 23rd:
America Movil, S.A.B. de C.V. (NYSE:AMX) was downgraded by analysts at UBS AG from a market perform rating to an underperform rating.
Starbucks Corporation (NASDAQ:SBUX) was downgraded by analysts at Cleveland Research from a buy rating to a neutral rating.
Top Image Systems (NASDAQ:TISA) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Top Image Systems, Ltd., develops and markets form processing, information recognition and data entry software, systems and technologies. The company’s software minimizes the need for manual data-entry by automatically reading and processing the information contained in forms, increasing data capture accuracy and the rate of information processing. TiS’ award-winning AFPSPro software provides a complete, cost-effective, reliable solution for mid to high-volume production form processing. (PRESS RELEASE) “
Teekay Offshore Partners L.P. (NYSE:TOO) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “TEEKAY OFFSHORE PARTNERS L.P. is a publicly-traded master limited partnership formed by Teekay and is an international provider of marine transportation and storage services to the offshore oil industry. Teekay Offshore currently owns a twenty six percent interest in and controls OPCO with a fleet of thirty four shuttle tankers (nine of which are chartered-in), four floating storage and offtake units and nine conventional crude oil Aframax tankers. The Partnership also has direct ownership interests in two shuttle tankers and one FSO. “
Tempur Sealy International (NYSE:TPX) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Tempur Sealy International, Inc. is involved in the development, manufacturing and marketing of bedding products primarily in North America and internationally. It provides mattresses, adjustable bases, pillows and other sleep and relaxation products. The company’s brand portfolio includes Tempur(R), Tempur-Pedic(R), Sealy(R), Sealy Posturepedic(R), Optimum(TM) and Stearns & Foster(R). Tempur Sealy International, Inc., formerly known as Tempur-Pedic International Inc., is headquartered in Lexington, Kentucky. “
Tile Shop Hldgs (NASDAQ:TTS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Tile Shop Holdings, Inc. is the parent company of The Tile Shop. The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. Tile Shop Holdings, Inc. is based in Plymouth, Minnesota. “
Monotype Imaging Holdings (NASDAQ:TYPE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Monotype Imaging is a global provider of text imaging solutions for manufacturers and developers of consumer electronics devices including laser printers, copiers, mobile phones, digital televisions, set-top boxes, digital cameras and software applications and operating systems. The company also provides printer drivers and color imaging technologies to OEMs. Monotype Imaging technologies are combined with access to more than nine thousand typefaces from the Monotype, Linotype and ITC typeface libraries home to some of the world’s most widely used designs, including the Times New Roman, Helvetica and ITC Franklin Gothic typefaces. Fonts are licensed to creative and business professionals through custom font designs, direct sales or e-commerce portals. Monotype Imaging offers fonts and industry-standard solutions that support all of the world’s major languages. “
Vista Gold Corp. (NYSEMKT:VGZ) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Vista Gold Corp. is a mining company which produces gold from its Crofoot/Lewis mine in Nevada and explores for precious metals in the United Stattes, Canada, Mexico, Bolivia, Vanezuela and Ecuador. “
Valeo (OTCMKTS:VLEEY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Valeo SA designs, produces, and sells components, integrated systems, and modules for automobile industry. The Company has four business groups supplying products to the original equipment market and the aftermarket. The 4 Business Groups are: Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems, and Visibility Systems. The Powertrain Systems offers electrical systems, transmission systems and hybrid and electric vehicle systems. The Thermal Systems products include climate control, compressors and front-end modules. The Comfort and Driving Assistance Systems products comprise driving assistance and access mechanisms. The Visibility Systems products are lighting systems, wiper Systems and wiper Motors. Valeo SA is headquartered in Paris, France. “
Whitbread (NASDAQ:WTBCY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Whitbread PLC operates hotels, restaurants and coffee shops. The company’s business unit consists of Hotels and Restaurants and Costa. Hotels and Restaurants unit provides services in accommodation and food. Costa unit is engaged in the operations of branded, owned and franchised coffee shops. Its brands include Premier Inn, Beefeater, Table Table, Brewers Fayre, Taybarns and Costa Coffee. Whitbread PLC is headquartered in Dunstable, the United Kingdom. “
Extraction Oil & Gas (NYSE:XOG) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Extraction Oil & Gas, Inc. is an oil and gas company. It focused on the acquisition, development and production of oil, natural gas and natural gas liquids reserves in the Rocky Mountains, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. Extraction Oil & Gas, Inc. is based in Denver, United States. “
Zto Express (NYSE:ZTO) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “ZTO Express Inc. is an express delivery company. It provides express delivery service through its nationwide network as well as other value-added logistics services. The Company offers route planning and optimization, waybill tracking system and transportation management system. ZTO Express Inc. is based in Shanghai, China. “
