Research Analysts’ Downgrades for February, 10th (BR, BSAC, CAA, CERN, CIVI, FOSL, GBDC, INTC, MTSC, RYAAY)

Research Analysts’ downgrades for Friday, February 10th:

Broadridge Financial Solutions (NYSE:BR) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Broadridge is a leading global provider of technology-based outsourcing solutions to the financial services industry. Their integrated systems and services include investor communication, securities processing, and clearing and outsourcing solutions. Broadridge offers a broad, integrated suite of innovative global solutions across the investment lifecycle and provides a wide range of cost-effective and scalable solutions to the financial industry. Their systems help reduce the need for clients to make significant capital investments in operations infrastructure, thereby allowing them to increase their focus on core business activities. “

Banco Santander-Chile (NASDAQ:BSAC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Banco Santiago is the largest bank in Chile, in terms of assets with Ch$4,088 billion (approximately US$9.86 billion ) as of March 31, 1997. The bank is the result of the merger of two of the largest institutions in the Chilean banking system, Banco O’Higgins S.A., mainly a corporate bank, and Banco de Santiago S.A., mainly focused in consumer and middle-market lending. “

CalAtlantic Group (NYSE:CAA) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “CalAtlantic Group, Inc. operates as a homebuilder. The company offers crafted homes. It also provides mortgage financing services to its homebuyers; and title examination services. Calatlantic Group Inc., formerly known as Standard Pacific Corp., is headquartered in Irvine, California. “

Cerner (NDAQ:CERN) was downgraded by analysts at Oppenheimer Holdings, Inc. from an outperform rating to a market perform rating.

Civitas Solutions (NYSE:CIVI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Civitas Solutions, Inc. is a national network of local health and human services. It operates as a provider of an array of community-based services to adults and children with intellectual and developmental disabilities, brain and spinal cord injuries and other catastrophic injuries and illnesses, and to youth with emotional, behavioral and medically complex challenges, as well as their families. The Company serves governmental agencies, non-public payors, and not-for-profit organizations. Civitas Solutions, Inc. is based in Boston, Massachusetts. “

Fossil Group (NDAQ:FOSL) was downgraded by analysts at Mizuho from a neutral rating to an underperform rating. The firm currently has $19.00 target price on the stock, down from their previous target price of $25.00.

Golub Capital BDC (NDAQ:GBDC) was downgraded by analysts at Raymond James Financial, Inc. from an outperform rating to a mkt perform rating.

Intel (NDAQ:INTC) was downgraded by analysts at Canaccord Genuity from a buy rating to a hold rating. Canaccord Genuity currently has $38.00 price target on the stock, down from their previous price target of $43.00.

MTS Systems (NDAQ:MTSC) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating.

Ryanair Holdings plc (NDAQ:RYAAY) was downgraded by analysts at Kepler Capital Markets from a buy rating to a hold rating.

Starbucks (NDAQ:SBUX) was downgraded by analysts at Argus from a buy rating to a hold rating.

TESARO (NDAQ:TSRO) was downgraded by analysts at Leerink Swann from an outperform rating to a mkt perform rating.

Ubiquiti Networks (NDAQ:UBNT) was downgraded by analysts at Credit Suisse Group AG from a neutral rating to an underperform rating.

Viacom (NDAQ:VIAB) was downgraded by analysts at Barclays PLC from an overweight rating to an equal weight rating. Barclays PLC currently has $45.00 target price on the stock.

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