Analysts’ downgrades for Thursday, August 17th:
Briggs & Stratton Corporation (NYSE:BGG) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Briggs & Stratton Corp. is one of the world’s largest producers of air cooled gasoline engines for outdoor power equipment. The company designs, manufactures, markets and services these products for original equipment manufacturers worldwide. These engines are primarily aluminum alloy gasoline engines. “
Benitec Biopharma (NASDAQ:BNTC) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
China Unicom (Hong Kong) (NYSE:CHU) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “China Unicom Limited is engaged in the provision of cellular, paging, long distance, data and internet services in the People’s Repulic of China. “
Century Casinos (NASDAQ:CNTY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Century Casinos,Inc. & its subsidiaries,own & operate a limited-stakes gaming casino in Cripple Creek,Colorado & are pursuing a number of additional gaming opportunities internationally & in the U.S.The Company was formed to acquire ownership interests in,and to obtain management contracts with respect to,gaming establishments.The Company generally seeks to enter into gaming operations in areas with attractive demographic attributes,high population densities,local tourism and/or predictable traffic patterns,w/ the long-term objective of establishing geographic project diversification. “
Eagle Point Credit (NYSE:ECC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Eagle Point Credit Company Inc. is an externally managed closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company invests primarily in equity and junior debt tranches of collateralized loan obligations (CLOs). Eagle Point Credit Company Inc. is based in United States. “
Energen Corporation (NYSE:EGN) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
Evoke Pharma (NASDAQ:EVOK) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Evoke Pharma, Inc. is a specialty pharmaceutical company focused primarily on the development of drugs to treat gastrointestinal disorders and diseases. The Company’s lead product candidate, EVK-001, is in late stage clinical testing which is intended for the treatment of diabetic gastroparesis. Evoke Pharma, Inc. is based in San Diego, California. “
Ferro Corporation (NYSE:FOE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “FERRO CORP. is a worldwide producer of specialty materials for industry by organic and inorganic chemistry. It operates in 21 countries worldwide. Ferro produces a variety of specialty coatings, colors, ceramics, plastics, chemicals, and related products and services. Ferro’s most important product is frit produced for use in porcelain enamels and ceramic glazes. Ferro specialty materials require a high degree of technical service on an individual customer basis. “
Gladstone Investment Corporation (NASDAQ:GAIN) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
Intersections (NASDAQ:INTX) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
GEE Group (NYSEMKT:JOB) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
Omni-Lite Industries Canada (OTCMKTS:OLNCF) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
PennyMac Financial Services (NYSE:PFSI) was downgraded by analysts at ValuEngine from a strong-buy rating to a buy rating.
Regional Management Corp. (NYSE:RM) was downgraded by analysts at ValuEngine from a strong-buy rating to a buy rating.
Versartis (NASDAQ:VSAR) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
Wesco Aircraft Holdings (NYSE:WAIR) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.
