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Analysts’ downgrades for Thursday, June 5th:

Brookdale Senior Living (NYSE:BKD) was downgraded by analysts at RBC Capital from a buy rating to a hold rating. RBC Capital currently has $35.00 target price on the stock. The analysts wrote, “Our downgrade is based on valuation as BKD’s shares have risen close to our $35 target price, which equates to a 14.0X enterprise value-to-EBITDA, at the high end of BKD’s five-year historical trading range. But we keep our positive long-term outlook on BKD’s occupancy rates driven by an aging population and demand for its supporting services. “We also expect BKD to grow and capture more market share via acquisitions. But we expect near-term results to be impacted by Medicare reimbursement pressure and we see continued housing volatility and pressure on some ancillary services.”

Brookdale Senior Living (NYSE:BKD) was downgraded by analysts at S&P Equity Research from a buy rating to a hold rating. S&P Equity Research currently has $35.00 target price on the stock.

Cogeco Cable (TSE:CCA) was downgraded by analysts at TD Securities from a buy rating to a hold rating. They currently have C$71.00 target price on the stock.

CPI Aerostructures (NYSE:CVU) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. Zacks currently has $12.10 target price on the stock.

Liquidity Services (NASDAQ:LQDT) was downgraded by analysts at Benchmark Co. from a buy rating to a hold rating. They currently have $16.00 target price on the stock, down from their previous target price of $29.00.

Manitoba Telecom Services (TSE:MBT) was downgraded by analysts at TD Securities from a buy rating to a hold rating. TD Securities currently has C$34.00 target price on the stock.

PVH Corp (NYSE:PVH) was downgraded by analysts at ISI Group from a strong-buy rating to a buy rating.

Spectrum Pharmaceuticals (NASDAQ:SPPI) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. Zacks currently has $8.60 target price on the stock.

Stoneridge (NYSE:SRI) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. The firm currently has $9.60 target price on the stock.

TELUS (TSE:T) was downgraded by analysts at TD Securities from a buy rating to a hold rating.

Tate & Lyle PLC (OTCMKTS:TATYY) was downgraded by analysts at Jefferies Group from a buy rating to a hold rating.

UQM Technologies (NYSE:UQM) was downgraded by analysts at TheStreet from a hold rating to a sell rating. The analysts wrote, “UQM Technologies (AMEX:UQM) has been downgraded by TheStreet Ratings from hold to sell. The area that we feel has been the company’s primary weakness has been its declining revenues.”

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