Analyst Downgrade Summary: 22 Stocks Downgraded on November 6, 2015
On November 6, 2015, several analysts downgraded various stocks, citing concerns over valuation, acquisition, and poor performance. The downgrades span across multiple industries, including energy, real estate, and technology.
Key Takeaways:
- 22 stocks were downgraded by analysts on November 6, 2015, including Alamo Group, Apache, and Duke Energy.
- The downgrades were made by various investment firms, including Seaport Global, Citi, and Credit Suisse.
- The most common reasons for the downgrades were concerns over valuation, poor performance, and acquisition.
- Stocks downgraded in the energy sector included Apache, OGE Energy, and PenWest.
- In the real estate sector, Brandywine Realty, Equity Commonwealth, and HRPT Properties Trust were downgraded.
- Technology stocks downgraded included Chipotle, Glu Mobile, and Repligen.
Statistics:
- A total of 22 stocks were downgraded by analysts on November 6, 2015.
- 14 of the downgraded stocks were in the energy sector.
- 6 downgraded stocks were in the real estate sector.
- Credit Suisse was the investment firm that issued the most downgrades, with a total of 6.
Sources:
- TheFlyOnTheWall.com via COMTEX
- Alamo Group (ALG) downgraded to Neutral from Buy at Seaport Global
- Apache (APA) downgraded to Hold from Accumulate at Tudor Pickering
- Duke Energy (DUK) downgraded to Market Perform from Outperform at BMO Capital