Investment Analysts’ Downgrades for November, 21st (AMAT, AMD, CCL, CNP, CUB, ED, FLNG, FUJHY, GMBXF, HAYPY)

Investment Analysts’ downgrades for Thursday, November 21st:

Applied Materials (NASDAQ:AMAT) was downgraded by analysts at UBS Group AG from a neutral rating to a sell rating. They currently have $48.00 target price on the stock, down from their previous target price of $49.00.

Advanced Micro Devices (NASDAQ:AMD) was downgraded by analysts at Northland Securities from an outperform rating to a market perform rating. They currently have $36.00 target price on the stock, down from their previous target price of $45.86.

Carnival (NYSE:CCL) was downgraded by analysts at SunTrust Banks, Inc. from a buy rating to a hold rating.

CenterPoint Energy (NYSE:CNP) was downgraded by analysts at Barclays PLC from an overweight rating to an equal weight rating. Barclays PLC currently has $26.00 target price on the stock, down from their previous target price of $32.00.

Cubic (NYSE:CUB) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating. JPMorgan Chase & Co. currently has $67.00 price target on the stock, down from their previous price target of $78.00.

Consolidated Edison (NYSE:ED) was downgraded by analysts at Barclays PLC from an equal weight rating to an underweight rating. They currently have $88.00 target price on the stock, down from their previous target price of $95.00.

Flex LNG (NASDAQ:FLNG) was downgraded by analysts at Nordea Equity Research from a buy rating to a hold rating.

SUBARU CORP/ADR (OTCMKTS:FUJHY) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating.

Grupo Mexico (OTCMKTS:GMBXF) was downgraded by analysts at UBS Group AG from a buy rating to a neutral rating.

HAYS PLC/ADR (OTCMKTS:HAYPY) was downgraded by analysts at HSBC Holdings plc from a buy rating to a hold rating.

KLA-Tencor (NASDAQ:KLAC) was downgraded by analysts at UBS Group AG from a neutral rating to a sell rating. The firm currently has $140.00 price target on the stock, down from their previous price target of $192.00.

Lam Research (NASDAQ:LRCX) was downgraded by analysts at UBS Group AG from a neutral rating to a sell rating. They currently have $240.00 price target on the stock.

MacroGenics (NASDAQ:MGNX) was downgraded by analysts at Morgan Stanley from an equal rating to a weight rating. They currently have $6.00 price target on the stock, down from their previous price target of $17.00.

NINTENDO LTD/ADR (OTCMKTS:NTDOY) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating.

OceanaGold (OTCMKTS:OCANF) was downgraded by analysts at CIBC from an outperform rating to a neutral rating.

Public Service Enterprise Group (NYSE:PEG) was downgraded by analysts at Barclays PLC from an overweight rating to an equal weight rating. Barclays PLC currently has $65.00 price target on the stock, down from their previous price target of $66.00.

Restoration Hardware (NYSE:RH) was downgraded by analysts at Loop Capital from a buy rating to a hold rating. They currently have $190.00 price target on the stock.

Redwood Trust (NYSE:RWT) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “REDWOOD TRUST INC. is a self-advised and self-managed real estate investment trust. It specializes in acquiring and managing real estate mortgage assets which may be acquired as whole loans or as mortgage securities reperesenting interest in or obligations backed by pools of mortgage loans. “

Royal Bank of Canada (NYSE:RY) (TSE:RY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “ROYAL BANK of Canada operate under the master brand name of RBC. They are Canada’s largest bank as measured by assets and market capitalization, and one of North America’s leading diversified financial services companies. They provide personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. They have employee approximately Seventy Thousant full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 36 other countries. “

Steelcase (NYSE:SCS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Steelcase Inc. is a designer and manufacturer of products used to create high-performance work environments. Its product portfolio includes furniture systems, seating, storage, desks, casegoods, interior architectural products, technology products and related products and services. The company reports two geographic furniture segments: North America and International. “

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) was downgraded by analysts at CIBC from a sector outperform rating to a neutral rating.

TV Asahi (OTCMKTS:THDDY) was downgraded by analysts at Citigroup Inc from a neutral rating to a sell rating.

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