Equities Research Analysts’ Downgrades for December, 4th (CHTR, CNP, FNSR, HCC, KTWO, ODFL, OFC, PSA, PXS, TECK)

Equities Research Analysts’ downgrades for Monday, December 4th:

Charter Communications (NASDAQ:CHTR) was downgraded by analysts at Barclays PLC from an equal weight rating to an underweight rating.

CenterPoint Energy (NYSE:CNP) was downgraded by analysts at Guggenheim from a buy rating to a neutral rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

Finisar (NASDAQ:FNSR) was downgraded by analysts at Needham & Company LLC from a strong-buy rating to a buy rating. Needham & Company LLC currently has $25.00 price target on the stock, down from their previous price target of $34.00.

Warrior Met Coal (NYSE:HCC) was downgraded by analysts at Royal Bank Of Canada from an outperform rating to a sector perform rating.

K2M Group (NASDAQ:KTWO) was downgraded by analysts at Wells Fargo & Company from an outperform rating to a market perform rating.

Old Dominion Freight Line (NASDAQ:ODFL) was downgraded by analysts at Deutsche Bank AG from a hold rating to a sell rating.

Corporate Office Properties Trust (NYSE:OFC) was downgraded by analysts at Bank of America Corp from a buy rating to a neutral rating.

Public Storage (NYSE:PSA) was downgraded by analysts at Bank of America Corp from a neutral rating to an underperform rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

Pyxis Tankers (NASDAQ:PXS) was downgraded by analysts at Maxim Group from a buy rating to a hold rating. Maxim Group currently has $3.00 target price on the stock. The analysts wrote, “PXS tankers traded up to a high of $9.20 on Friday, on unusual volume (~14 million shares). We are downgrading PXS to Hold, from Buy, as the shares closed at $4.10 on Friday, up over 100% and now well above our $3 price target. Based on our sources and channel checks, we have been unable to find any fundamental evidence to substantiate the price movement beyond our price target of $3. We maintain our view that PXS shares should be valued on 2018E NAV, which we calculate to be roughly $3 per share.””

Teck Resources (NYSE:TECK) (TSE:TECK) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating.

Ventas (NYSE:VTR) was downgraded by analysts at UBS AG from a market perform rating to an underperform rating.

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