Stock Analysts’ downgrades for Monday, August 28th:
Brookdale Senior Living (NYSE:BKD) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
Cisco Systems (NASDAQ:CSCO) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
The Finish Line (NASDAQ:FINL) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “The Finish Line, Inc. together with its wholly owned subsidiary Spike’s Holding, Inc. is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear and accessories in the United States. Their store generally carries a large selection of men’s, women’s and children’s athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers. “
The First of Long Island Corporation (NASDAQ:FLIC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “The First of Long Island Corporation is a one-bank holding company. “
1-800 FLOWERS.COM (NASDAQ:FLWS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “1-800-FLOWERS.COM, Inc. is a leading e-commerce provider of floral products and gifts, in terms of number of customers and revenue. With the development of the company’s online business and a strategic acquisition, they have continuously expanded their product offerings, most recently to include gourmet foods and home and garden merchandise. As a result, the company has developed relationships with customers who purchase products not only for gifting occasions but also for everyday consumption. “
Farmers & Merchants Bancorp (NASDAQ:FMAO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Farmers & Merchants Bancorp, Inc. is the holding company for The Farmers & Merchants State Bank which operates as a locally owned and operated community bank serving Northwest Ohio and Northeast Indiana. The bank provides commercial banking, retail banking and other financial services through its 19 offices with locations in Fulton, Defiance, Henry, Williams, and Wood counties in Northwest Ohio. In Northeast Indiana they have offices located in DeKalb and Steuben counties. Farmers & Merchants Bancorp, Inc. is based in Archbold, Ohio. “
Gildan Activewear (NYSE:GIL) (TSE:GIL) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Gildan Activewear Inc. is a manufacturer and marketer of premium quality branded basic activewear for sale principally into the wholesale imprinted activewear segment of the North American apparel market. The company sells premium quality 100% cotton T-shirts and premium quality sweatshirts, in a variety of weights, sizes, colors and styles, as blanks, which are ultimately decorated with designs and logos for sale to consumers. “
Radcom (NASDAQ:RDCM) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
A. Schulman (NASDAQ:SHLM) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
Sumitomo Mitsui Financial Group (NYSE:SMFG) was downgraded by analysts at ValuEngine from a strong-buy rating to a buy rating.
Senesco Technologies (OTCMKTS:SVON) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
TOR Minerals International (NASDAQ:TORM) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
Trio-Tech International (NYSEMKT:TRT) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
