Stock Analysts’ Downgrades for February, 14th (DNB, GIG, JBLU, JCI, MAB, NSP, SCG, SEE, SPA, SPSC)

Stock Analysts’ downgrades for Tuesday, February 14th:

Dun & Bradstreet Corporation (The) (NYSE:DNB) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Dun & Bradstreet reported fourth quarter 2016 results wherein adjusted earnings fell short of the Zacks Consensus Estimate but revenues beat the same. However, management said that it expects revenues from Salesforce partnership to decline in 2017. Plus, management added that increasing investments to sell D&B Hoover offerings on the Salesforce platform will impact yearly performance. We also observe that though D&B’s Americas business remains strong, but the international business continues to be a drag on financials. Stiff competition, weak DNBi business and high debt are other areas of concerns. Shares have vastly underperformed the broader market. However, its high-margin business model and strong product portfolio, strategic acquisitions and alliances and partnerships with big players are expected to fuel growth in the long term. “

GigPeak (NYSE:GIG) was downgraded by analysts at Craig Hallum from a buy rating to a hold rating.

JetBlue Airways Corporation (NASDAQ:JBLU) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Shares of JetBlue Airways have underperformed the broader market in the last one month. Adding to its woes, RASM declined approximately 8.5% in January. Holiday placement hurt the metric to the tune of approximately five points. Also, winter storm Jonas contributed to the significant decline in RASM for the month. Moreover, increasing labour costs are distorting the earnings picture of carriers in the fourth quarter. JetBlue’s operating cost per available seat mile (CASM) increased 1.9% in the fourth quarter. Excluding fuel and profit sharing, the metric climbed 5.6%. The metric is expected to increase in the band of 3–5% in the first quarter of 2017. Fuel price is expected to rise to $1.73 per gallon in the first quarter from $1.56 recorded in the fourth quarter.”

Johnson Controls International PLC (NYSE:JCI) was downgraded by analysts at Argus from a buy rating to a hold rating.

Mitchells & Butlers plc (LON:MAB) was downgraded by analysts at Canaccord Genuity to a hold rating. Canaccord Genuity currently has GBX 285 ($3.56) target price on the stock, down from their previous target price of GBX 350 ($4.37).

Insperity (NYSE:NSP) was downgraded by analysts at Roth Capital from a buy rating to a neutral rating.

Scana Corporation (NYSE:SCG) was downgraded by analysts at Mizuho from a buy rating to a neutral rating. Mizuho currently has $68.00 target price on the stock, down from their previous target price of $80.00.

Sealed Air Corporation (NYSE:SEE) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Sealed Air’s bottom-line remained flat year over year but beat the Zacks Consensus Estimate. Total revenue dipped 0.6% but missed the Zacks Consensus Estimate. Sealed Air’s guidance for 2017 has come in lower than expected due to unfavorable impact of currency and weaker–than-anticipated growth in the Diversey Care segment owing to the brand licensing expiration with SC Johnson. For 2017, Sealed Air projects organic revenue growth of 2.5%, adjusted EBITDA of $1.18 billion and adjusted earnings per share to be around $2.70. The company’s results will continue to be affected by weakness in industrial-based businesses. Sealed Air continues to invest in R&D, sales and marketing. Even though these investments will drive future growth it will affect margins in the near term. Further, the company’s shares have underperformed the Zacks categorized sub industry.”

Sparton Corporation (NYSE:SPA) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “SPARTON CORP. ‘s continuing operations are principally in one line of business, the development and manufacture of electronic parts and assemblies. SPARTON CORP.’s products and services include microprocessor-based systems, transducers, printed circuit boards and assemblies, sensors and electronic and electromechanical contract manufacturing for the telecommunications, medical, electronics and other industries. “

SPS Commerce (NASDAQ:SPSC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “SPS Commerce is a provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics to its customers worldwide. The Company delivers its solutions over the Internet using a Software-as-a-Service model to improve the way suppliers, retailers, distributors and other customers manage and fulfill orders. The Company’s delivery model also enables it to offer greater functionality, integration and reliability with less cost and risk than traditional solutions. The Company provides its solutions through SPSCommerce.net, a hosted software. SPSCommerce.net uses pre-built integrations to eliminate the need for on-premise software and support staff, which enables its supplier customers to shorten supply cycle times, optimize inventory levels, reduce costs and satisfy retailer requirements. SPS Commerce is headquartered in Minneapolis. “

ZELTIQ Aesthetics (NASDAQ:ZLTQ) was downgraded by analysts at Aegis from a buy rating to a hold rating. Aegis currently has $51.00 target price on the stock.

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