Analysts’ downgrades for Tuesday, August 15th:
Apple (NASDAQ:AAPL) was downgraded by analysts at Vetr from a buy rating to a hold rating. Vetr currently has $164.97 target price on the stock.
Salesforce.com (NYSE:CRM) was downgraded by analysts at Vetr from a buy rating to a hold rating. Vetr currently has $93.21 target price on the stock.
The Hackett Group (NASDAQ:HCKT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “The Hackett Group, a global strategic advisory firm and an Answerthink company, is a leader in best practice research and advisory programs, benchmarking and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insight from more than 4,000 benchmarking studies, executives use Hackett’s empirically based approach to quickly define and prioritize initiatives, and to leverage proven strategies that enable world-class performance. “
HTG Molecular Diagnostics (NASDAQ:HTGM) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “HTG Molecular Diagnostics, Inc. is engaged in developing and marketing a technology platform which consists of instrumentation, consumables and software analytics for sample profiling applications including tumor profiling, molecular diagnostic testing and biomarker development. Its products include HTG Edge System, HTG Edge Assays and HTG Assay Direct. HTG Molecular Diagnostics, Inc. is headquartered in Tucson, Arizona. “
Intercontinental Hotels Group (NYSE:IHG) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “InterContinental Hotels Group offers information and reservations capability on the Internet for InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn hotels, Holiday Inn Express hotels, and Staybridge Suites by Holiday Inn hotels. “
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. “
Interserve (NASDAQ:ISVJY) was downgraded by analysts at Zacks Investment Research from a buy rating to a sell rating. According to Zacks, “Interserve PLC is a support services and construction company. It offers advice, design, construction, equipment, facilities management and frontline public services. Interserve PLC is based in Reading, the United Kingdom. “
Jounce Therapeutics (NASDAQ:JNCE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Jounce Therapeutics, Inc. is a clinical-stage immunotherapy company. It engaged in developing therapies which enable the immune system to attack tumors. The Company’s lead product candidate, JTX-2011, is a clinical-stage monoclonal antibody that binds to and activates the Inducible T cell CO-Stimulator, a protein on the surface of certain T cells found in a range of solid tumors. It also developing JTX-4014 for use in future combinations with JTX-2011, as well as for use in combination with other future product candidates. Jounce Therapeutics, Inc. is based in Cambridge, United States. “
Key Energy Services (NYSE:KEG) was downgraded by analysts at Zacks Investment Research from a buy rating to a sell rating. According to Zacks, “Key Energy Services, Inc. is an onshore, rig-based well servicing contractor. The company’s services include drilling and workover rigs, coiled tubing, frac stack and well testing, fluid services, onshore and deepwater fishing and rental services. It operates primarily in United States, Mexico, Colombia, Ecuador, the Middle East and Russia. Key Energy Services, Inc. is headquatered in Houston, Texas. “
Kelly Services (NASDAQ:KELYA) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “KELLY SERVICES, INC. provides temporary office clerical, marketing, professional, technical, light industrial, home care services, management services and other business services to a diversified group of customers through offices located in major cities of the United States, Australia, Canada, Denmark, France, Ireland, Italy, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Russia, Spain, Switzerland and United Kingdom. Kelly Temporary Services provides office clerical, marketing, professional, technical, semi-skilled light industrial and management services. “
KMG Chemicals (NYSE:KMG) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “KMG Chemicals manufactures, markets and distributes specialty, niche chemicals. The company manufactures, markets and distributes three wood preserving chemicals, pentachlorophenol, creosote and sodium pentachlorophenate, to industrial customers engaged in the wood preserving business. The company’s customers use these preservatives to treat wood and supply the treated wood products to end-users in a variety of industries, principally the railroad, utility and construction industries. “
Kilroy Realty Corporation (NYSE:KRC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Kilroy Realty Corporation owns, operates and develops commercial and industrial properties, primarily in California, Washington, and Arizona. At March 31, 1997, the Company owned 2.0 million square feet of commercial office space and 1.3 million square feet of industrial space. “
KKR Real Estate Finance Trust (NASDAQ:KREF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “KKR Real Estate Finance Trust Inc. is a real estate finance company. It focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. KKR Real Estate Finance Trust Inc. is headquartered in New York. “
NVIDIA Corporation (NASDAQ:NVDA) was downgraded by analysts at Vetr from a strong-buy rating to a hold rating. The firm currently has $173.32 price target on the stock.
Raytheon (NYSE:RTN) was downgraded by analysts at Vetr from a buy rating to a hold rating. Vetr currently has $187.08 target price on the stock.
Snap (NYSE:SNAP) was downgraded by analysts at Vetr from a buy rating to a hold rating. Vetr currently has $12.38 price target on the stock.
Tesla (NASDAQ:TSLA) was downgraded by analysts at Vetr from a hold rating to a sell rating. Vetr currently has $335.57 price target on the stock.
