Equities Research Analysts’ downgrades for Friday, September 1st:

Grupo Aval Acciones y Valores (NYSE:AVAL) was downgraded by analysts at BidaskClub from a strong-buy rating to a buy rating.

Enbridge Energy Management (NYSE:EEQ) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.

GKN plc (LON:GKN) was downgraded by analysts at HSBC Holdings plc to a reduce rating.

Harmonic (NASDAQ:HLIT) was downgraded by analysts at ValuEngine from a sell rating to a strong sell rating.

iPass (NASDAQ:IPAS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “iPass Inc provides software-enabled enterprise connectivity services for mobile workers. iPass’ primary service is designed to enable enterprises to provide their employees with secure access to the enterprise’s internal network through an easy-to-use interface. “

J D Wetherspoon plc (LON:JDW) was downgraded by analysts at HSBC Holdings plc to a hold rating. HSBC Holdings plc currently has GBX 1,090 ($14.10) price target on the stock, down from their previous price target of GBX 1,200 ($15.52).

J.Jill (NASDAQ:JILL) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “J.Jill, Inc. operates as a specialty retailer of womens apparel. The Company offers sweaters, tops, pants, dresses, shorts, skirts, sleepwear and accessories. It markets through retail stores, website and catalog. J.Jill, Inc. is headquartered in Quincy, Massachusetts. “

Li Ning (OTCMKTS:LNNGY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Li Ning Company Limited operates as a designer, developer, manufacturer and distributor of sports footwear, apparel, accessories and equipment for sport and leisure uses under its own LI-NING brand in the Peoples’ Republic of China. Additionally, the Group distributes sports products under its Z-DO brand via hypermarket channel; manufactures, markets, distributes and sells outdoor sports products under the French brand AIGLE and engages in manufacture, research and development, marketing and sale of table tennis and other sports equipment under the Double Happiness brand. The Company also develops, manufactures, markets, distributes and sells the licensed products under the Italian sports fashion brand Lotto; and engages in the research and development, manufacture and sale of professional badminton equipment under the Kason brand. Li Ning Company Limited is headquartered in Causeway Bay, Hong Kong. “

Land Securities Gp (NASDAQ:LSGOF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Land Securities Group PLC is a real estate company. Its portfolio primarily includes office buildings, shopping and leisure destinations. Land Securities Group PLC is based in London, the United Kingdom. “

Mitsubishi UFJ Financial Group (NYSE:MTU) was downgraded by analysts at ValuEngine from a strong-buy rating to a buy rating.

Steelcase (NYSE:SCS) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.

SteadyMed (NASDAQ:STDY) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.

Tilly’s (NYSE:TLYS) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.

Xenith Bankshares (NASDAQ:XBKS) was downgraded by analysts at ValuEngine from a strong-buy rating to a buy rating.

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