Stock Analysts’ downgrades for Tuesday, August 8th:

CSPC Pharmaceutical Group (NASDAQ:CHPTY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “CSPC Pharmaceutical Group Limited operates as a pharmaceutical group in China. Its bulk drug products include vitamin C, penicillin G and 7-ACA. The Company is also a major manufacturer of antibiotic finished drugs such as penicillin and cephalosporin products. CSPC Pharmaceutical Group Limited, formerly known as China Pharmaceutical Group Limited, is based in Wan Chai, Hong Kong. “

Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. The Company’s operations are focused in Western Canada, the North Sea and Offshore West Africa. “

CyrusOne (NASDAQ:CONE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “CyrusOne Inc. is a real estate investment trust engaged in providing enterprise data centre colocation, engineering facilities with the highest power redundancy (2N architecture) and power-density infrastructure services in the United States, Europe, and Asia. CyrusOne Inc. is headquartered in Carrollton, United States. “

Conn’s (NASDAQ:CONN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Conns Inc is a specialty retailer currently operating retail locations in Texas and Louisiana. It sells major home appliances, including refrigerators, freezers, washers, dryers and ranges, and a variety of consumer electronics, including projection, plasma and LCD televisions, camcorders, VCRs, DVD players and home theater products. They also sell home office equipment, lawn and garden products and bedding, and continue to introduce additional product categories for the home to help increase same store sales and to respond to their customers’ product needs. “

Criteo (NASDAQ:CRTO) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France. “

Cirrus Logic (NASDAQ:CRUS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Cirrus Logic Inc. is a premier supplier of high performance analog circuits and advanced mixed-signal chip solutions. The company’s products, sold under its own name and the Crystal product brand, enable system-level applications in mass storage, audio and precision data conversion. (PRESS RELEASE) “

Ctrip.com International (NASDAQ:CTRP) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Ctrip.com International, Ltd. is a leading travel service provider of hotel accommodations, airline tickets and packaged-tours in China. Ctrip aggregates information on hotels and flights and enables customers to make informed and cost-effective hotel and flight bookings. Ctrip targets primarily business and leisure travelers in China who do not travel in group. These travelers form a traditionally under-served yet fast-growing segment of the China travel industry. Ctrip has experienced substantial growth and become one of the best-known travel brands in China. “

Drive Shack (NYSE:DS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Drive Shack Inc.is the owner and operator of golf-related leisure and entertainment businesses. The services offered by the company comprise Drive Shack which is engaged in developing innovative golf entertainment venues, American Golf and Real Asset related assets. Drive Shack Inc., formerly known as Newcastle Investment Corp., is based in New York. “

The Dixie Group (NASDAQ:DXYN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Dixie Group Inc. is a leading carpet and rug manufacturer and supplier to higher-end residential and commercial customers serviced by Masland Carpets and Fabrica International, to consumers through major retailers under the Bretlin, Globaltex and Alliance Mills brands and to the factory-built housing and recreational vehicle markets through Carriage Carpets. Dixie’s Candlewick Yarns serves specialty carpet yarn customers.(PR) “

Facebook (NASDAQ:FB) was downgraded by analysts at Pivotal Research from a hold rating to a sell rating.

German American Bancorp (NASDAQ:GABC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “GERMAN AMERICAN BANCORP is a multi-bank holding company. Through its subsidiaries, they operate affiliated community banks with banking offices and full-service independent insurance agencies in the eight contiguous Southwestern Indiana counties of Daviess, Dubois, Gibson, Knox, Martin, Perry, Pike andS pencer. Their lines of business include retail and commercial banking, mortgage banking, trust and brokerage services, title insurance, and a full range of personal and corporate property and casualty insurance products. “

G-III Apparel Group, LTD. (NASDAQ:GIII) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “G-III Apparel Group, Ltd. designs, manufactures, imports & markets an extensive range of leather & non-leather apparel including coats, jackets, pants, skirts & other sportswear items. “

GrubHub (NASDAQ:GRUB) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “GrubHub Inc. is an online and mobile food ordering company. The Company’s platform assists diners in searching for local restaurant, tracking the order and re-order for convenience. It operates within the United States and the United Kingdom. GrubHub Inc. is based in United States. “

Gran Tierra Energy (TSE:GTE) (AMEX:GTE) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Gran Tierra Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru. The company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration to grow future reserves. “

GTT Communications (NYSE:GTT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “GTT Communications, Inc. offers cloud networking; high bandwidth IP transit for content delivery and hosting as well as network-to-network carrier interconnects solutions and data connectivity solutions. The company’s network consists of a layer 2 switched Ethernet and IP transit or dedicated internet access. It operates primarily in North America, Europe and Asia. GTT Communications, Inc., formerly known as Global Telecom & Technology, Inc., is headquartered in McLean, Virginia. “

Jacobs Engineering Group (NYSE:JEC) was downgraded by analysts at Citadel Securities from a buy rating to a neutral rating. The firm currently has $66.00 price target on the stock, up from their previous price target of $62.00.

Ulta Beauty (NASDAQ:ULTA) was downgraded by analysts at Oppenheimer Holdings, Inc. from an outperform rating to a market perform rating. The firm currently has $270.00 price target on the stock, down from their previous price target of $330.00. The analysts wrote, “softer commentary,” the analyst explained. For example, the company acknowledged the beauty market in the U.S. is “less than [even] last year due to a much [softer] mass market.” The company also said the beauty market has been “amazingly slow since January after a lively market in 2016.””If our read of L’Oreal’s assessment is accurate, this, coupled with increased department store discounting, could suggest a less robust US beauty market,”

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