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Analysts’ downgrades for Friday, August 15th:

Alternative Networks Plc (LON:AN) was downgraded by analysts at Morgan Stanley to an equal weight rating. The firm currently has GBX 1,026 ($17.21) price target on the stock, up from their previous price target of GBX 980 ($16.44).

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

Black Diamond Group (TSE:BDI) was downgraded by analysts at CIBC to an underperform rating. The firm currently has C$31.50 price target on the stock, down from their previous price target of C$37.00.

Chorus Aviation (TSE:CHR.B) was downgraded by analysts at CIBC to an underperform rating.

DaVita HealthCare Partners (NYSE:DVA) was downgraded by analysts at Deutsche Bank to a hold rating.

Lithia Motors (NYSE:LAD) was downgraded by analysts at Morgan Stanley from an overweight rating to an underweight rating. The firm currently has $80.00 target price on the stock.

K12 (NYSE:LRN) was downgraded by analysts at Wells Fargo & Co. from an outperform rating to a market perform rating.

Mcan Mortgage (TSE:MKP) was downgraded by analysts at National Bank Financial from an outperform rating to a sector perform rating.

New York & Co. (NYSE:NWY) was downgraded by analysts at Janney Montgomery Scott from a buy rating to a neutral rating.

OmniVision Technologies (NASDAQ:OVTI) was downgraded by analysts at Robert W. Baird from an outperform rating to a neutral rating. They currently have $27.00 target price on the stock.

Questerre Energy (TSE:QEC) was downgraded by analysts at Canaccord Genuity to a buy rating. The firm currently has C$1.60 target price on the stock, down from their previous target price of C$1.75.

Restaurant Group PLC (LON:RTN) was downgraded by analysts at N+1 Singer to a hold rating. The firm currently has GBX 700 ($11.74) price target on the stock.

Smith & Nephew plc (LON:SN) was downgraded by analysts at Morgan Stanley to an equal weight rating. The firm currently has GBX 1,026 ($17.21) price target on the stock, up from their previous price target of GBX 980 ($16.44).

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