Equities Research Analysts’ Downgrades for July, 17th (AGCO, ARD, ARLP, BURBY, CHEOY, CRZO, CSX, EXLS, GLOB, HTHT)

Equities Research Analysts’ downgrades for Wednesday, July 17th:

AGCO (NYSE:AGCO) was downgraded by analysts at Wells Fargo & Co from an outperform rating to a market perform rating.

Ardagh Group (NYSE:ARD) was downgraded by analysts at JPMorgan Chase & Co. from a neutral rating to an underweight rating.

Alliance Resource Partners (NASDAQ:ARLP) was downgraded by analysts at B. Riley from a buy rating to a neutral rating. B. Riley currently has $20.00 target price on the stock, down from their previous target price of $22.00.

Burberry Group (OTCMKTS:BURBY) was downgraded by analysts at Jefferies Financial Group Inc from a hold rating to an underperform rating.

COCHLEAR LTD/ADR (OTCMKTS:CHEOY) was downgraded by analysts at Citigroup Inc from a neutral rating to a sell rating.

Carrizo Oil & Gas (NASDAQ:CRZO) was downgraded by analysts at Raymond James from an outperform rating to a market perform rating.

CSX (NASDAQ:CSX) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

ExlService (NASDAQ:EXLS) was downgraded by analysts at Citigroup Inc from a neutral rating to a sell rating.

Globant (NYSE:GLOB) was downgraded by analysts at Citigroup Inc from a buy rating to a neutral rating.

Huazhu Group (NASDAQ:HTHT) was downgraded by analysts at Credit Suisse Group AG from an outperform rating to a neutral rating.

Lear (NYSE:LEA) was downgraded by analysts at Royal Bank of Canada from an outperform rating to a sector perform rating.

Lear (NYSE:LEA) was downgraded by analysts at Buckingham Research from a buy rating to a neutral rating.

Levi Strauss & Co. (NYSE:LEVI) was downgraded by analysts at Goldman Sachs Group Inc from a neutral rating to a sell rating.

Motorola Solutions (NYSE:MSI) was downgraded by analysts at Northcoast Research from a buy rating to a neutral rating.

MYR Group (NASDAQ:MYRG) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “MYR Group Inc. is a holding company of leading specialty contractors serving the electrical infrastructure market throughout the United States and Canada who have the experience and expertise to complete electrical installations of any type and size. Their comprehensive services on electric transmission and distribution networks and substation facilities include design, engineering, procurement, construction, upgrade, maintenance and repair services. Transmission and distribution customers include investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. Commercial and industrial electrical contracting services are provided to general contractors, commercial and industrial facility owners, local governments and developers generally throughout the western and northeastern United States and western Canada. “

Nabriva Therapeutics (NASDAQ:NBRV) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Nabriva Therapeutics is a biopharmaceutical company engaged in the research and development of new medicines to treat serious bacterial infections, with a focus on the pleuromutilin class of antibiotics. Nabriva Therapeutics’ medicinal chemistry expertise has enabled targeted discovery of novel pleuromutilins, including both intravenous and oral formulations. Nabriva Therapeutics’ lead product candidate, lefamulin, is a novel semi-synthetic pleuromutilin antibiotic with the potential to be the first-in-class available for systemic administration in humans. The company believes that lefamulin is the first antibiotic with a novel mechanism of action to have reached late-stage clinical development in more than a decade. Nabriva has announced positive topline data for lefamulin from the first of its two global, registrational Phase 3 clinical trials evaluating lefamulin in patients with moderate to severe community-acquired bacterial pneumonia (CABP). “

National Energy Services Reunited (NASDAQ:NESR) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 3,200 employees, representing more than 40 nationalities in over 14 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as Cementing, Coiled Tubing, Filtration, Completions, Stimulation and Fracturing, and Nitrogen Services. The Company also helps its customers to access the reservoirs in a smarter and faster manner by providing Drilling and Evaluation services like Drilling Downhole Tools, Directional Drilling Fishing Tools, Testing Services, Wireline, Slickline, Fluids and Rig Services. “

Natural Gas Services Group (NYSE:NGS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Natural Gas Services Group, Inc. manufactures, fabricates, sells, rents and services natural gas compressors that enhance the production of natural gas wells. The Company also manufactures and sells flare systems and flare ignition systems for plant and production facilities. “

Nice (NASDAQ:NICE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “NICE Ltd. provides enterprise software solutions. Its operating segment consists of Customer Interactions Solutions, Financial Crime and Compliance Solutions. The Company’s solutions include integrated, multimedia recording platforms, software applications and related professional services. NICE Ltd., formerly known as NICE-Systems Ltd., is headquartered in Ra’anana, Israel. “

National Storage Affiliates Trust (NYSE:NSA) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “National Storage Affiliates Trust is a real estate investment trust. The company is focused on the ownership, operation and acquisition of self-storage properties primarily in the United States. National Storage Affiliates Trust is based in Houston, United States. “

Natera (NASDAQ:NTRA) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Natera, Inc. offers genetic testing and diagnostics with proprietary bioinformatics and molecular technology. Natera, Inc. is headquartered in San Carlos, California. “

Nu Skin Enterprises (NYSE:NUS) was downgraded by analysts at Jefferies Financial Group Inc from a buy rating to a hold rating.

Nu Skin Enterprises (NYSE:NUS) was downgraded by analysts at DA Davidson from a buy rating to a neutral rating.

OLYMPUS CORP/S (OTCMKTS:OCPNY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “OLYMPUS CORPORATION is a Japan-based company. The Company is engaged in the manufacturing and selling of precision machineries and instruments. The businesses of the Company include Imaging System Business, Medical Systems Business, Life Science Business, Information and Communication Business, and Others Business. Olympus has always been a company that makes people’s dreams come true through innovative products. Olympus cameras have always been at the leading edge of innovation. “

Pebblebrook Hotel Trust (NYSE:PEB) was downgraded by analysts at Bank of America Corp from a buy rating to a neutral rating.

PVH (NYSE:PVH) was downgraded by analysts at Goldman Sachs Group Inc from a neutral rating to a sell rating.

Ralph Lauren (NYSE:RL) was downgraded by analysts at Goldman Sachs Group Inc from a neutral rating to a sell rating.

Steelcase (NYSE:SCS) was downgraded by analysts at Seaport Global Securities from a buy rating to a neutral rating.

Shell Midstream Partners (NYSE:SHLX) was downgraded by analysts at Mizuho from a neutral rating to an underperform rating.

Sunstone Hotel Investors (NYSE:SHO) was downgraded by analysts at Bank of America Corp from a neutral rating to an underperform rating.

Wells Fargo & Co (NYSE:WFC) was downgraded by analysts at Macquarie from an outperform rating to a neutral rating.

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