Analysts’ downgrades for Wednesday, September 6th:
Aurinia Pharmaceuticals (NASDAQ:AUPH) (TSE:AUP) was downgraded by analysts at Vetr from a buy rating to a hold rating. They currently have $6.64 price target on the stock.
Celgene Corporation (NASDAQ:CELG) was downgraded by analysts at Vetr from a buy rating to a hold rating. The firm currently has $145.17 target price on the stock.
Provident Finl (NASDAQ:FPLPY) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Provident Financial plc provides financial services. It offers credit cards, guarantor loans, home credit loans, online instalment loans and car finance under the Vanquis Bank, glo, Provident, Satsuma Loans, and Moneybarn brand names. The company operates primarily in the United Kingdom, the Republic of Ireland and Poland. Provident Financial plc is headquartered in Bradford, the United Kingdom. “
Federal Signal Corporation (NYSE:FSS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Federal Signal Corporation is a manufacturer and worldwide supplier of safety, signaling and communications equipment, hazardous area lighting, fire rescue products, street sweeping and vacuum loader vehicles, parking control equipment, custom on-premise signage, carbide cutting tools, precision punches and related die components. “
GECINA EUR7.50 (NASDAQ:GECFF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Gecina SA is a real estate investment trust primarily in France. It owns, manages, develops and leases out offices, residential assets and student residences. Gecina SA is headquartered in Paris, France. “
Gevo (NASDAQ:GEVO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Gevo, Inc. is a renewable chemicals and advanced biofuels company engaged in the development of biobased alternatives to petroleum-based products using a combination of synthetic biology and chemistry. The Company is focused on the commercialization of isobutanol, a naturally occurring four carbon alcohol with broad applications in large chemicals and fuels markets. Isobutanol can be used as a solvent and a gasoline blendstock and can be further processed into jet fuel and feedstocks for the production of synthetic rubber, plastics and polyesters. Markets served by the Company include solvents and coatings, materials, plastics and fibers, biojet blendstock, gasoline blendstock and other hydrocarbon fuels. “
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. “
Ferroglobe PLC (NASDAQ:GSM) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Globe Specialty Metals, Inc., together with its subsidiary companies, is among the world’s largest producers of silicon metal and silicon-based specialty alloys – critical ingredients in a host of industrial and consumer products with growing markets. The Company’s customers include major silicone chemical, aluminum and steel manufacturers, producers of photovoltaic solar cells and computer chips, the auto industry, ductile iron foundries and concrete producers. Headquartered in New York City, the company has major manufacturing facilities in the U.S. states of Ohio, West Virginia, Alabama and New York, as well as in the Brazilian state of Pará, Mendoza province Argentina and Ningxia province China. Its principal operating subsidiaries are Globe Metallurgical, Inc. and Solsil, Inc. in the U.S.; Globe Metais Indústria e Comércio S.A. in Brazil; Globe Metales S.A. in Argentina; and Ningxia Yonvey Coal Industry Co., Ltd., in China. “
Hillenbrand (NYSE:HI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “HILLENBRAND, INC. is the holding company for Batesville Casket Company, a leader in the North American death care industry through the sale of funeral services products, including burial caskets, cremation caskets, containers and urns, selection room display fixturing and other personalization and memorialization products. “
H.I.S. Co (NASDAQ:HISJF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “H.I.S. Co., Ltd. provides travel agency services. The company offers business trips, group tours and package tours; Skywalker cards and gift cards; overseas travel insurance products. It operates primarily in Australia, Bali Island, Guam, Thailand and South Korea. H.I.S. Co., Ltd. is based in Tokyo, Japan. “
