Downgrades

In a report published on Friday, Taglich Brothers downgraded its rating on HCI Group (NYSE: HCI) from Buy to Speculative Buy. Taglich Brothers also raised its price target on the company from $31.95 to $38. In the report analyst Howard Halpern commented that, "We lowered our rating due to share...

In a report published Friday, Oppenheimer analyst Christopher Glynn downgraded the rating on Nordson Corporation (NASDAQ: NDSN) from Outperform to Perform, but reiterated his $70.00 price target. In the report, Glynn noted, “We are downgrading shares of NDSN to Perform from Outperform, as we...

Analysts at Oppenheimer downgraded Nordson (NASDAQ: NDSN) from “outperform” to “perform.” The target price for Nordson is set to $70. Nordson's shares closed at $73.14 yesterday. Analysts at Taglich Brothers downgraded Homeowners Choice (NYSE: HCI) from “buy” to “speculative buy.” Homeowners...

In a report published Friday, Canaccord Genuity analyst Bobby Burleson downgraded Cirrus Logic (NASDAQ: CRUS) to a Hold rating, and lowered the price target from $25.00 to $18.00. In the report, Canaccord Genuity noted, "In light of fairly recent guidance for flat to slight F2014 revenue...

In a report published on Friday, Wedbush upgraded its rating on Salesforce.com (NYSE: CRM) from Outperform to Neutral. Wedbush also lowered its PT on the company from $51 to $42. In the report, analysts from Wedbush commented that, "We think CRM has become big enough that it is now being...

The buy on the dip mentality seems to be alive and well in this market as the Dow erased a loss of more than 120 points to end close to flat on the day. Let’s not forget that this is a market that found a way to attract buyers on a day when the Nikkei was down more than 7 percent and took most of...

In a report published on Thursday, Deutsche Bank analyst Warwick Okines downgraded the jewelry company Signet Group (NYSE: SIG) to Hold with a price target of $73. In the report, Okines mentioned, "Signet continues to have excellent momentum in the US, as demonstrated by Same Store Sales growth...

In a report published on Thursday, Piper Jaffray analyst Stephanie S. Wissink Downgraded rue21 (NASDAQ: RUE) from Overweight to Neutral and raised the price target on the company from $36 to $42. In the report, Piper Jaffray noted, "We are moving to a customary Neutral rating on RUE shares as...

In a report published Thursday, Sterne Agee analyst Peyton Green downgraded the rating on Bank of the Ozarks (NASDAQ: OZRK) from Buy to Neutral. In the report, Sterne Agee noted, “We are lowering our rating to Neutral from Buy as the current valuation of ~16x our 2014E EPS exceeds our previous...

In a report published Thursday, J.P. Morgan analyst Joseph Allman downgraded Devon Energy Corp. (NYSE: DVN) from Overweight to Neutral, but raised the price target from $61.50 to $62.50. In the report, J.P. Morgan noted, “We are downgrading DVN to Neutral from Overweight. Although we expect to...