Research Analysts’ Downgrades for February, 15th (AVIR, CALX, CVG, RYN, TOWN, TREX, UGP, VIAV, VRSK, VSI)

Research Analysts’ downgrades for Wednesday, February 15th:

Aviragen Therapeutics (NASDAQ:AVIR) was downgraded by analysts at HC Wainwright from a buy rating to a neutral rating.

Calix (NYSE:CALX) was downgraded by analysts at Northland Securities from an outperform rating to a market perform rating.

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

Rayonier (NYSE:RYN) was downgraded by analysts at Vertical Research from a buy rating to a hold rating.

Towne Bank (NASDAQ:TOWN) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Headquartered in Portsmouth, Virginia, TowneBank is now Virginia’s top community bank operating eighteen banking offices in Chesapeake, Hampton, Portsmouth, Newport News, Virginia Beach, Norfolk, Williamsburg and York County. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, TFA Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage and GSH Real Estate Corporation. Local decision-making is a hallmark of its hometown banking strategy that is delivered through the leadership of each group’s President and Board of Directors. “

Trex Company (NYSE:TREX) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Trex Company, Inc. is a manufacturer of wood-alternative decking and railing. Trex Company, Inc. is based in Winchester, United States. “

Ultrapar Participacoes (NYSE:UGP) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Ultrapar Participacoes S.A., a major Brazilian industrial group, is one of the largest distributors of liquefied petroleum gas in Brazil and a leading producer of petrochemicals and chemical. Ultrapar is also engaged in the storage and transportation of liquefied petroleum gas and petrochemical and chemical products. (PRESS RELEASE) “

Viavi Solutions (NASDAQ:VIAV) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Viavi Solutions Inc. provides software and hardware platforms and instruments for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises. The Company offers installation, commissioning, scripting, custom analytics, integration, business intelligence consulting, operational assistance, field and lab testing, technical training, maintenance, and support services. Its operating segment consists of Network and Service Enablement, Communications and Commercial Optical Products and Optical Security and Performance Products. Viavi Solutions Inc., formerly known as JDS Uniphase Corporation, is based in Milpitas, Calif. “

Verisk Analytics (NASDAQ:VRSK) was downgraded by analysts at Citigroup Inc. to a neutral rating. They currently have $89.00 price target on the stock. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

Vitamin Shoppe (NYSE:VSI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Vitamin Shoppe is a specialty retailer and direct marketer of nutritional products. It primarily sells vitamins, minerals, nutritional supplements, herbs, sports nutrition formulas, homeopathic remedies, green living products and health and beauty aids. Based in North Bergen, New Jersey, the company is recognized as an innovator in providing product information, associate training, and customer education. Information is available to consumers through unprecedented outlets including television, radio, friends, family, health practitioners, and the internet. It offers consumers the opportunity to take charge of their own health and wellness requirements, and supplement where necessary. At each store location, consumers can find a comprehensive Learning Center which offers free access to vital information about key health concerns and products. The Vitamin Shoppe is a strong supporter of health and wellness campaigns including Life Supplemented sponsored by the Council for Responsible Nutrition. “

vTv Therapeutics (NASDAQ:VTVT) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “vTv Therapeutics Inc. is a biopharmaceutical company which is engaged in the discovery and development of orally administered small molecule drug candidates to fill unmet medical needs. Its drug candidate for the treatment of Alzheimers disease includes azeliragon TTP488, which is in Phase III clinical trials; type II diabetes drug candidates include Glucokinase Activator TTP399 and GLP-1r Agonist TTP273 which completed Phase I clinical trials; products for the prevention of muscle weakness and treatment of inflammatory disorders include HPP593, HPP737 and HPP971 which is in Phase1 clinical trials. The Company’s drug discovery platform consists of TTP Translational Technology. vTv Therapeutics Inc. is headquartered in High Point, North Carolina. “

Wright Medical Group N.V. (NASDAQ:WMGI) was downgraded by analysts at Needham & Company LLC from a buy rating to a hold rating.

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/research-analysts-downgrades-for-february-15th-avir-calx-cvg-ryn-town-trex-ugp-viav-vrsk-vsi/1662351.html

Receive News & Ratings for Aviragen Therapeutics Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aviragen Therapeutics Inc and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *