Investment Analysts’ downgrades for Wednesday, October 11th:

Gluskin Sheff + Associates (TSE:GS) was downgraded by analysts at Scotiabank from an outperform rating to a sector perform rating. The firm currently has C$18.00 target price on the stock, down from their previous target price of C$20.00.

Intesa Sanpaolo SpA (OTC:ISNPY) was downgraded by analysts at J P Morgan Chase & Co from an overweight rating to a neutral rating.

Lithium Americas Corp (TSE:LAC) was downgraded by analysts at Canaccord Genuity from a speculative buy rating to a hold rating. The firm currently has C$1.90 price target on the stock, up from their previous price target of C$1.50.

NEXT (OTC:NXGPF) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating.

Jean Coutu Group PJC (TSE:PJC.A) was downgraded by analysts at Scotiabank from a sector perform rating to a tender rating. The firm currently has C$24.50 price target on the stock.

Silver Standard Resources (NASDAQ:SSRM) (TSE:SSO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “SSR Mining Inc. is a mining company. It focused on the operation, development, exploration and acquisition of precious metal projects. The company primarily explores for gold, silver, and mineral properties. It principally serves electronics, coin fabrication, dentistry, jewelry, other industrial, technology, pharmaceuticals and solar energy markets. SSR Mining Inc, formerly known as Silver Standard Resources Inc, is based in Vancouver, Canada. “

ShotSpotter (NASDAQ:SSTI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “ShotSpotter, Inc. is involved in designing and delivering gunfire alert and analysis solutions. The Company’s product consists of ShotSpotter Flex, ShotSpotter SiteSecure and SecureCampus. It operates primarily in United States, Puerto Rico, the U.S. Virgin Islands and South Africa. ShotSpotter, Inc. is headquartered in California, USA. “

STAAR Surgical (NASDAQ:STAA) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Staar Surgical Company has evolved to become a developer, manufacturer and global distributor of products used by ophthalmologists and other eye care professionals to improve or correct vision in patients suffering from refractive conditions, cataracts and glaucoma. “

Starwood Property Trust (NYSE:STWD) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “

Southcross Energy Partners, L.P. (NYSE:SXE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Southcross Energy, LLC provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services. It also sources, purchases, transports and sells natural gas and NGLs to its power generation, industrial and utility customers. The Company’s services include connecting producing wells to pipeline gathering systems; processes and treats gas for pipeline transportation and commercial use; transports gas to end-users and pipeline interconnects; and purchase and sale of gas. Its assets are located in South Texas, Mississippi and Alabama. Southcross Energy, LLC is based in Dallas, Texas. “

Syros Pharmaceuticals (NASDAQ:SYRS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Syros Pharmaceuticals, Inc. is a biopharmaceutical company. It focuses on treatments for cancer and immune-mediated diseases as well as building a pipeline of gene control medicines. The company’s product pipeline includes SY-1425, a selective RARa agonist for genomically defined subsets of patients with relapsed or refractory acute myeloid leukemia and relapsed high-risk myelodysplastic syndrome and SY-1365, a selective CDK7 inhibitor for acute leukemia which is in preclinical stage. Syros Pharmaceuticals, Inc. is based in Cambridge, Massachusetts. “

TransAct Technologies (NASDAQ:TACT) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “TransAct Technologies, Incorporated, designs, develops, manufactures and markets transaction-based printers and related products under the ITHACA and MAGNETEC and TRANSACT.COM brand names. The company focuses on five vertical markets: point-of-sale(POS), gaming and lottery, financial services, kiosk and Internet. The company’s printers are trusted world-wide to provide crisp, clean transaction records from receipts, tickets and coupons, register journal and other documents. “

Tactile Systems Technology (NASDAQ:TCMD) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Tactile Systems Technology, Inc. is a medical technology company which develops medical devices for the treatment of chronic diseases at home. The company’s product pipeline consists of Flexitouch System(R), the Entré System and the ACTitouch System (R). Tactile Systems Technology, Inc. is headquartered in Minneapolis, Minnesota. “

TRACON Pharmaceuticals (NASDAQ:TCON) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “TRACON Pharmaceuticals, Inc. is a biopharmaceutical company. The company’s product candidate includes TRC105, TRC205 and TRC102 which are in different clinical stage for cancer, age-related macular degeneration and fibrotic diseases. TRACON Pharmaceuticals, Inc. is headquartered in San Diego, California. “

Container Store (The) (NYSE:TCS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “The Container Store Group, Inc. operates as a specialty retailer of storage and organization products in the United States. The company operates in two segments, TCS and Elfa. TCS segment consists of its retail stores, ebsite and call center. Elfa segment designs and manufactures component-based shelving and drawer systems that are customizable for any area of the home, including closets, kitchens, offices and garages. The Container Store Group, Inc. is headquartered in Coppell, Texas. “

Transdigm Group (NYSE:TDG) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Over the past six months, TransDigm’s shares have underperformed the industry’s average return. TransDigm is seeing some negative trends at present, like weaker defense aftermarket orders and soft business jet, helicopter and freighter revenues, which might pressure its top line growth in the near future. The company expects almost flat growth in defense military revenue in the near term, in light of recent global events and the resultant political uncertainty. Moreover, mounting interest expenses and escalating debt burden continue to bother the company’s financials. In addition, the company faces significant integration risks and expenses. However, on the positive side, TransDigm’s strong growth in commercial aftermarket revenues looks impressive. Also, the company’s strong inorganic growth adds to its strength.”

Telecom Argentina Stet – France Telecom (NYSE:TEO) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “TELECOM ARGENTINA holds a license to provide basic telephone service and fixes telecommunications links in the northern region of the Argentine Republic. The Company contributes to the country´s economic and social development by means of incorporating the latest technological advances achieved to-date in the field of telecommunications world-wide. “

Tecogen (NASDAQ:TGEN) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Tecogen Inc. designs, manufactures, sells, and services systems that produce electricity, hot water, and air conditioning for commercial installations and buildings and industrial processes. The Company’s ultra-efficient products include cogeneration modules, which provide electricity and heat, and chillers, which provide air-conditioning and optional free hot water. Its products supply electrical power or mechanical power for cooling, as well as free engine heat that gets recovered and purposefully used at customer facilities. Tecogen Inc. is based in United States. “

Time (NYSE:TIME) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Time Inc. is a branded media company. It publishes magazines in the United States, the United Kingdom, and internationally. Time also provides content marketing services; targeted local print and digital advertising programs; branded book publishing; and marketing and support services, such as magazine subscription sales services, retail distribution and marketing services, and customer service and fulfilment services to other third-party clients, including other magazine publishers. The Company’s brands includes Time, People, Sports Illustrated, InStyle, Real Simple, Travel + Leisure, Food & Wine, and Wallpaper. Time Inc. is headquartered in New York. “

Thyssenkrupp Ag Spon (NASDAQ:TKAMY) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “ThyssenKrupp AG engages in the production of steel. It operates through the following business areas Components Technology, Elevator Technology, Industrial Solutions, Materials Services, Steel Europe and Steel Americas. Components Technology business area offers components for the automotive, construction and engineering sectors. Elevator Technology business area constructs and modernizes elevators, escalators, moving walks, stair and platform lifts, and passenger boarding bridges. Industrial Solutions business area is an international supplier in special and large-scale plant construction as well as naval shipbuilding. Materials Services business area distributes materials and provides complex technical services for the production and manufacturing sectors. Steel Europe business area involves in the flat carbon steel activities. Steel America business area produces, processes, and markets steel products in North and South America. ThyssenKrupp AG is headquartered in Essen, Germany. “

TransMontaigne Partners L.P. (NYSE:TLP) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “TransMontaigne Partners L.P. is a refined petroleum products terminaling and pipeline company based in Denver, Colorado with operations currently in Florida, Southwest Missouri and Northwest Arkansas. They provide integrated terminaling, storage, pipeline and related services for companies engaged in the distribution and marketing of refined petroleum products and crude oil, including TransMontaigne Inc. “

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