Investment Analysts’ downgrades for Wednesday, January 11th:

American Campus Communities (NYSE:ACC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “American Campus Communities, Inc. is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, leasing and management of student housing properties. “

ArcBest Corporation (NASDAQ:ARCB) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “ArcBest Corporation provides freight transportation services and solutions. The company’s Freight Transportation segment offers transportation of general commodities; motor carrier freight transportation services; business-to-business air transportation services; ocean transport services; global customizable supply chain solutions and integrated warehousing services. Its Premium Logistics & Expedited Freight Services segment provides expedited freight transportation services to commercial and government customers; premium logistics services; and domestic and international freight transportation with air, ocean, and ground service. ArcBest Corporation, formerly known as Arkansas Best Corporation, is headquartered in Fort Smith, Arkansas. “

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Bodycote PLC (LON:BOY) was downgraded by analysts at Bank of America Corporation to an underperform rating. The firm currently has GBX 650 ($7.90) price target on the stock, down from their previous price target of GBX 670 ($8.15).

Hudson's Bay Co (TSE:HBC) was downgraded by analysts at RBC Capital Markets from an outperform rating to a sector perform rating. RBC Capital Markets currently has C$12.00 price target on the stock, down from their previous price target of C$18.00.

Sprague Resources (NYSE:SRLP) was downgraded by analysts at Janney Montgomery Scott from a buy rating to a neutral rating.

TUI AG (LON:TUI) was downgraded by analysts at Credit Suisse Group to an underperform rating. Credit Suisse Group currently has GBX 1,040 ($12.65) target price on the stock.

Wendy’s Company (The) (NASDAQ:WEN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Wendy’s shares have outperformed the Zacks categorized Retail–Restaurants industry over the past one year. Sales initiatives like menu innovation and promotional offerings are driving growth. Increased investments in technology should quicken service and thus, result in increased customer count. Reimaging of its restaurants is also expected to boost traffic and drive higher sales. Moreover, the company’s international business is poised to be a long-term growth driver. Yet, Wendy’s revenues have been declining year over year over the past few quarters due to reduction in the number of company-operated restaurants. Though transition to a franchise-based business model has been weighing on revenues in the near term, it would lower Wendy’s general and administrative expenses and in turn, boost earnings going forward. Yet, rising costs and a soft consumer spending environment in the U.S. restaurant space raises concern.”

Weyco Group (NASDAQ:WEYS) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Weyco Group Inc. is engage in the business of the manufacture, purchase and distribution of men’s footwear. The principal brands of shoes sold are Nunn Bush, Brass Boot, and Stacy Adams. The company’s products consist of both mid-priced quality leather dress shoes which would be worn as a part of more formal and traditional attire and lower priced quality casual footwear of man-made materials or leather which would be used for leisure or less formal occasions. “

WhiteHorse Finance (NASDAQ:WHF) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “WhiteHorse Finance, Inc. is a business development company focused on originating loans to privately held small-cap companies across a broad range of industries. WhiteHorse Finance, Inc. is based in Miami, United States. “

Wix.com (NASDAQ:WIX) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Wix.com Ltd. is a cloud-based web development platform. The Company’s platform offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms. Wix.com Ltd. is headquartered in Tel Aviv, Israel. “

Workiva (NYSE:WK) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Workiva LLC offers a cloud-based and mobile-enabled platform for enterprises to collect, manage, report and analyze critical business data in real time. The company provides solutions for compliance, risk, sustainability and management reporting as well as enterprise risk management. It serves the manufacturing and materials, energy and utilities, financial services, healthcare, media and entertainment, real estate, retail, consumer goods, services, transportation and technology and telecom industries. Workiva LLC is headquartered in Ames, Iowa. “

Westmoreland Coal Company (NASDAQ:WLB) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Westmoreland Coal Company’s principal activities are: the production and sale of coal from the Powder River Basin in eastern Montana; the ownership of interests in cogeneration and other non-regulated independent power plants; and the leasing of capacity at Dominion Terminal Associates, a coal storage and vessel loading facility. “

Willdan Group (NASDAQ:WLDN) was downgraded by analysts at Zacks Investment Research from a buy rating to a sell rating. According to Zacks, “Willdan Group is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. Nationwide, they enable their clients to realize cost and energy savings by providing a wide range of specialized services. They assist their clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability; Engineering and Planning; Economic and Financial Consulting; and National Preparedness and Interoperability. They operate their business through a network of offices located primarily in California and New York. They also have operations in Arizona, Colorado, Florida, Illinois, Kansas, Oregon, Texas, Washington and Washington, DC. “

West Marine (NASDAQ:WMAR) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “West Marine, Inc. is the largest specialty retailer of recreational and commercial boating supplies and apparel in the United States. They have three divisions (Stores, Wholesale (Port Supply), and Catalog), which all sell after-market recreational boating supplies directly to customers. They are also engaged, through its Port Supply business line and their stores, in the wholesale distribution of products to commercial customers and other retailers. “

Wal-Mart Stores (NYSE:WMT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Though share price of Wal-Mart has been rising since past one year, the company is facing a number of headwinds currently. While Wal-Mart posted positive earnings streak for the fifth consecutive quarter, top-line remains sluggish possibly due to deflationary pressure hurting comparable store sales. We are encouraged that the company is focusing on building its e-commerce capabilities, foraying into new markets, expanding product assortments and implementing innovative ways to drive traffic. The recent acquisition of ShoeBuy is in-line with the company’s efforts to grow its online activities. However, unfavorable currency and higher investments in wages and e-commerce activities are also taking a toll on the profits. Decline in international revenues, stiff competition from both brick & mortar and online retailers also poses concern.”

Aqua America (NYSE:WTR) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Aqua America’s growth was primarily driven by higher contributions from the Regulated business and prudent expense management. Aqua America’s extensive network of water and wastewater systems, and continuous investments in regulated assets will help it to provide high-quality, reliable water services to its expanding customer base. However, the current rate of return from the company’s shares was lower than that of the broader industry in the last 12 months. Also, Aqua America runs the inherent risk of contamination of water sources, which could raise its operating costs, while fluctuating weather conditions might dampen demand for water. In addition, securing essential funds for growth projects at a favorable rate could pose challenges for this capital-intensive utility.”

WidePoint (NYSEMKT:WYY) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “WidePoint is a technology-based provider of products and services to the government sector and commercial markets. WidePoint specializes in providing systems engineering, integration and information technology services. WidePoint’s wholly owned subsidiary, ORC, is at the forefront of implementing government-compliant eAuthentication identity management managed services and associated systems engineering/integration. ORC has earned four major U.S. federal government certifications offering the highest levels of assurance for transactions over the Internet. WidePoint’s profile of customers encompasses U.S. Federal Government agencies, including the Department of Defense, the Department of Homeland Security and the Department of Justice as well as major U.S. defense contractors and several major pharmaceutical companies. “

Acceleron Pharma (NASDAQ:XLRN) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Acceleron Pharma Inc. is a biopharmaceutical company which focuses on the discovery, development and commercialization of protein therapeutics for cancer and rare diseases. Acceleron Pharma Inc. is based in Cambridge, Massachusetts. “

Xencor (NASDAQ:XNCR) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Xencor Inc. is a clinical-stage biopharmaceutical company. It develops antibodies for the treatment of autoimmune diseases, asthma and allergic diseases, and cancer. Xencor Inc. is based in Monrovia, California. “

YAHOO JAPAN CP (OTCMKTS:YAHOY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Yahoo Japan Corporation is engaged in the internet advertising, e-Commerce and members services businesses. The company’s operating segments consists of Marketing Solutions, Consumer and Others. Marketing Solutions segment provides advertising, information listing and other corporate services. Consumer segment offers e-commerce related and membership services. Others segment includes settlement and financial services. Yahoo Japan Corporation is headquartered in Tokyo, Japan. “

The York Water Company (NASDAQ:YORW) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “The York Water Company impounds, purifies and distributes water. They are regulated by the Pennsylvania Public Utility Commission in the areas of billing, payment procedures, dispute processing, terminations, service territory, and rate setting. They must obtain PPUC approval before changing any of the aforementioned procedures. “

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