Stock Analysts’ downgrades for Friday, August 25th:
Dixons Carphone PLC (LON:DC) was downgraded by analysts at Canaccord Genuity to a hold rating. They currently have GBX 180 ($2.34) target price on the stock, down from their previous target price of GBX 395 ($5.13).
Domino’s Pizza (NYSE:DPZ) was downgraded by analysts at Argus from a buy rating to a hold rating.
Insteel Industries (NASDAQ:IIIN) was downgraded by analysts at Longbow Research from a buy rating to a neutral rating.
Pool Corporation (NASDAQ:POOL) was downgraded by analysts at KeyCorp to an overweight rating.
Spartan Motors (NASDAQ:SPAR) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Spartan is a leading designer, engineer and manufacturer of custom heavy-duty chassis. The Company’s chassis consist of a frame assembly, engine, transmission, electrical systems, running gear (wheels, tires, axles, suspension and brakes) and, for some applications, a cab. The Company’s customers are original equipment manufacturers (OEMs) who complete their vehicle product by mounting the body or apparatus on a Spartan chassis. “
Ssp Group Plc (NASDAQ:SSPPF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “SSP Group PLC operates food and beverage outlets. It also operates restaurants, bars, cafes, food courts, lounges and convenience stores in airports, train stations, motorway service stations and other leisure locations. SSP Group PLC is headquartered in London, the United Kingdom. “
Sterling Bancorp (NYSE:STL) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Sterling Bancorp is the holding company for Sterling National Bank, a financial services firm. Sterling National Bank provides various banking and financial products and services primarily in New York, New Jersey, and Connecticut. It provides depository and cash management services and a broad portfolio of financing solutions-including working capital lines, accounts receivable and inventory financing, factoring, trade financing, payroll funding and processing, equipment financing, commercial and residential mortgages and mortgage warehouse lines of credit. Sterling Bancorp, formerly known as Provident New York Bancorp, is headquartered in New York. “
STHREE (NASDAQ:STREF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “SThree Plc is engaged in staffing businesses. It provides permanent and contract specialist staff to its client base. The company’s brand comprises Computer Futures, Progressive Recruitment, Huxley, Real Staffing Group, Newington International, JP Gray, Hyden and Orgtel. It operates primarily in Australia and Europe. SThree Plc is headquartered in London, United Kingdom. “
Southcross Energy Partners, L.P. (NYSE:SXE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Southcross Energy, LLC provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services. It also sources, purchases, transports and sells natural gas and NGLs to its power generation, industrial and utility customers. The Company’s services include connecting producing wells to pipeline gathering systems; processes and treats gas for pipeline transportation and commercial use; transports gas to end-users and pipeline interconnects; and purchase and sale of gas. Its assets are located in South Texas, Mississippi and Alabama. Southcross Energy, LLC is based in Dallas, Texas. “
TriCo Bancshares (NASDAQ:TCBK) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “TriCo Bancshares is a bank holding company for Tri Counties Bank. The Bank conducts a commercial banking business including accepting demand, savings and time deposits and making commercial, real estate, and consumer loans. “
Toro Company (The) (NYSE:TTC) was downgraded by analysts at Seaport Global Securities from a buy rating to a neutral rating.
Ulta Beauty (NASDAQ:ULTA) was downgraded by analysts at BMO Capital Markets from an outperform rating to a hold rating.
