Equity Briefing: Stock Analysts' Downgrades for July 12th: AEC, DRWI, EW, FIS, N, SKS

A number of stocks were downgraded by equities research analysts today, as reported by Analyst Ratings Network:

Associated Estates AEC was downgraded by analysts at Robert W. Baird from an "outperform" rating to a "neutral" rating. They now have a $16.00 price target on the stock, down previously from $20.00.

Corus Entertainment Inc. CJR was downgraded by analysts at Canaccord Genuity from a "buy" rating to a "hold" rating.

Dean Foods Co DF was downgraded by analysts at Goldman Sachs from a "buy" rating to a "neutral" rating. They now have a $17.00 price target on the stock.

DragonWave Inc DRWI was downgraded by analysts at TD Securities from a "hold" rating to a "reduce" rating.

Edwards Lifesciences EW was downgraded by analysts at Credit Suisse from an "outperform" rating to a "neutral" rating. They now have a $110.00 price target on the stock. They noted that the move was a valuation call.

Fidelity National Information Services FIS was downgraded by analysts at Robert W. Baird from an "outperform" rating to a "neutral" rating. They now have a $38.00 price target on the stock, down previously from $40.00. They noted that the move was a valuation call.

IDEXX Laboratories, Inc. IDXX was downgraded by analysts at Stephens from an "equal weight" rating to an "underweight" rating.

Infosys Technologies Ltd INFY was downgraded by analysts at Barclays Capital from an "overweight" rating to an "equal weight" rating.

NetSuite Inc. N was downgraded by analysts at Credit Suisse from an "outperform" rating to a "neutral" rating.

Gazprom OAO OGZPY was downgraded by analysts at ING Group from a "buy" rating to a "hold" rating.

PulteGroup, Inc. PHM was downgraded by analysts at MKM Partners from a "buy" rating to a "neutral" rating.

Parkway Prop PKY was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating.

The Ryland Group, Inc. RYL was downgraded by analysts at Credit Suisse from an "outperform" rating to a "neutral" rating. They now have a $25.50 price target on the stock. They noted that the move was a valuation call.

Sigma Designs Inc. SIGM was downgraded by analysts at UBS AG from a "neutral" rating to a "sell" rating.

Saks Inc SKS was downgraded by analysts at Credit Suisse from a "neutral" rating to an "underperform" rating. They now have a $120.00 price target on the stock, up previously from $9.00.

Saks Inc SKS was downgraded by analysts at Bank of America from a "neutral" rating to an "underperform" rating.

Total System Services, Inc. TSS was downgraded by analysts at Barclays Capital from an "overweight" rating to an "equal weight" rating

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