Analysts’ downgrades for Thursday, January 16th:
Advanced Micro Devices (NASDAQ:AMD) was downgraded by analysts at Wolfe Research from an outperform rating to a peer perform rating.
Associated British Foods (OTCMKTS:ASBFY) was downgraded by analysts at Citigroup Inc. from a neutral rating to a sell rating.
Compagnie de Saint-Gobain (OTCMKTS:CODYY) was downgraded by analysts at UBS Group AG from a buy rating to a neutral rating.
Commvault Systems (NASDAQ:CVLT) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Edwards Lifesciences (NYSE:EW) was downgraded by analysts at Wolfe Research from a peer perform rating to an underperform rating. Wolfe Research currently has $60.00 price target on the stock.
First Quantum Minerals (OTCMKTS:FQVLF) was downgraded by analysts at Canaccord Genuity Group Inc. from a buy rating to a hold rating.
Mercedes-Benz Group (OTCMKTS:MBGYY) was downgraded by analysts at Sanford C. Bernstein from an outperform rating to a market perform rating.
NBT Bancorp (NASDAQ:NBTB) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Nokia Oyj (NYSE:NOK) was downgraded by analysts at The Goldman Sachs Group, Inc. from a neutral rating to a sell rating. The firm currently has $3.60 target price on the stock.
Piedmont Office Realty Trust (NYSE:PDM) was downgraded by analysts at Robert W. Baird from an outperform rating to a neutral rating. The firm currently has $11.00 price target on the stock.
PROS (NYSE:PRO) was downgraded by analysts at Oppenheimer Holdings Inc. from an outperform rating to a market perform rating.
Regeneron Pharmaceuticals (NASDAQ:REGN) was downgraded by analysts at UBS Group AG from a buy rating to a neutral rating. They currently have $738.00 price target on the stock, down from their previous price target of $1,130.00.
Regal Rexnord (NYSE:RRX) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Safran (OTCMKTS:SAFRY) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating.
Sodexo (OTCMKTS:SDXAY) was downgraded by analysts at BNP Paribas from a neutral rating to an underperform rating.
Snowflake (NYSE:SNOW) was downgraded by analysts at StockNews.com from a hold rating to a sell rating.
Tactile Systems Technology (NASDAQ:TCMD) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Team (NYSE:TISI) was downgraded by analysts at StockNews.com from a strong-buy rating to a buy rating.
Under Armour (NYSE:UAA) was downgraded by analysts at Argus from a buy rating to a hold rating.
W. R. Berkley (NYSE:WRB) was downgraded by analysts at StockNews.com from a buy rating to a hold rating.
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