Analysts’ downgrades for Thursday, August 24th:
Absolute Software (NASDAQ:ALSWF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Absolute Software Corporation engages in the business of providing firmware-persistent endpoint security and management solutions. It provides solutions for computer security monitoring and endpoint management industry. The company’s solutions include data protection, lifecycle management, enterprise mobility management and IT service management as well as data loss prevention. Absolute Software Corporation is headquartered in Vancouver, Canada. “
ANTA SPORTS PRODUC HKD0.10 (NASDAQ:ANPDF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “ANTA Sports Products Limited designs, develops, manufactures, trades, distributes, and markets sportswear in the People’s Republic of China. The company’s products include footwear, apparel, and accessories for professionals and the general public. ANTA Sports Products Limited is headquartered in Jinjiang City, the People’s Republic of China. “
Bitauto Holdings Limited (NYSE:BITA) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Bitauto Holdings Limited is engaged in providing internet content and marketing services for automotive industry in China. Its bitauto.com and ucar.cn websites provide consumers new and used automobile pricing information, specifications, reviews and consumer feedback. The Company operates in three segments- bitauto.com business, ucar.cn business and digital marketing solutions business. Bitauto.com business provides subscription services to new automobile dealers and advertising services to dealers and automakers on bitauto.com website. Bitauto’s ucar.cn business provides listing and advertising services to used automobile dealers on ucar.cn website. The Company’s digital marketing solutions business provides automakers with digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns and advertising agent services. Bitauto Holdings Limited is headquartered in Beijing, the People’s Republic of China. “
Caleres (NYSE:CAL) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Caleres, Inc. is a footwear retailer and wholesaler. The Company is involved in the operation of retail shoe stores and e-commerce Websites as well as the design, sourcing and marketing of footwear for women and men. Its operating segment consists of Famous Footwear and Brand Portfolio. The company brands include Nike, Skechers, Bearpaw, Converse, Vans, New Balance, adidas, Asics, Sperry and Sof Sole, LifeStride, Dr. Scholl’s, Fergalicious, Naturalizer and Carlos. Caleres, Inc., formerly known as Brown Shoe Company, Inc., is headquartered in St. Louis, Missouri. “
CB Financial Services (NASDAQ:CBFV) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “CB Financial Services, Inc. is the bank holding company for Community Bank, a chartered commercial bank. The Bank’s services include personal banking and business banking. It offers checking, loan accounts, individual retirement accounts, wealth management, certificates of deposit, recorder check, business checking accounts, business loans, cash management and re-order check. The Bank offers other services, including merchant services, financial and wealth management, wire transfers, credit card, ATM, and online banking services. It serves business owners, non-profit groups, government agencies, school administrators, and individual personal account holders in Pennsylvania. CB Financial Services, Inc. is based in Carmichaels, Pennsylvania. “
China Shenhua Energy – (NASDAQ:CSUAY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “China Shenhua Energy Company Limited is engaged in production and sales of coal, railway and port transportation of coal-related materials along with power generation and sales. It operates coal mines, railway network and seaports that are mainly used to transport its coal sales. The Company sells coal primarily to power plants and metallurgical producers. In addition, the company generates and sells coal-based power to provincial/regional electric grid companies. It operates a number of railways including Shenshuo-Shuohuang Railway, Huanghua Port, and Shenhua Tianjin Coal Berth. Moreover, China Shenhua also processes large-scale clean power business on a fast growing basis, which complements the Company’s coal business. China Shenhua Energy Company Limited is headquartered in Beijing, the People’s Republic of China. “
NTT DOCOMO (NYSE:DCM) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “NTT DoCoMo is the world’s leading mobile communications company. The company provides a wide variety of leading-edge mobile multimedia services. These include i-mode, the world’s most popular mobile Internet service, which provides e-mail and Internet access, and FOMA, launched in 2001 as the world’s first 3G mobile service. The company is expanding its global reach through strategic joint ventures and other alliances with mobile and multimedia service providers in the Asia-Pacific region, Europe and North America. “
Dometic Group Ab (NASDAQ:DTCGF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Dometic Group AB provides branded solutions for mobile living in the areas of Climate, Hygiene & Sanitation and Food & Beverage. It offers products for use in recreational vehicles, trucks and premium cars, pleasure and workboats and for a variety of other uses. The company operates primarily in the Americas, EMEA and Asia Pacific. Dometic Group AB is headquartered in Solna, Sweden. “
Endurance International Group Holdings (NASDAQ:EIGI) was downgraded by analysts at Jefferies Group LLC from a hold rating to an underperform rating.
Twitter (NYSE:TWTR) was downgraded by analysts at Jefferies Group LLC from a buy rating to a hold rating.
