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

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

Associated Estates (NYSE: 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. (NYSE: CJR) was downgraded by analysts at Canaccord Genuity from a "buy" rating to a "hold" rating.

Dean Foods Co (NYSE: 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 (NASDAQ: DRWI) was downgraded by analysts at TD Securities from a "hold" rating to a "reduce" rating.

Edwards Lifesciences (NYSE: 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 (NYSE: 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. (NASDAQ: IDXX) was downgraded by analysts at Stephens from an "equal weight" rating to an "underweight" rating.

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

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

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

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

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

The Ryland Group, Inc. (NYSE: 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. (NASDAQ: SIGM) was downgraded by analysts at UBS AG from a "neutral" rating to a "sell" rating.

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

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

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Source: Equity Briefing via Thomson Reuters ONE

HUG#1626756

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