Analysts’ downgrades for Wednesday, December 13th:

Ashtead Group (OTCMKTS:ASHTF) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating.

Aviva (OTCMKTS:AVVIY) was downgraded by analysts at Bank of America Corp from a buy rating to a neutral rating.

Integra LifeSciences (NASDAQ:IART) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Integra LifeSciences exited the third quarter of 2017 on a disappointing note with earnings and revenues both missing the respective Zacks Consensus Estimate. Also, contraction in adjusted operating margin and adjusted gross margin adds to the woes. Also the company’s decision to sell its certain neurosurgery assets to Natus Medical may hamper its business in near term. However, the strong year-over-year increase in revenues on the back of strong growth within Orthopedics and Tissue Technologies segment buoys optimism. Raised full-year revenue guidance is indicative of this bullish trend to remain. We are happy with the fact that, the company is efficiently executing its growth plan through an efficient management team. However, the slashed full-year adjusted earnings range remains a concern. Overall, over the last six months, Integra Lifesciences has been trading slightly above the broader industry.”

China Life Insurance (NYSE:LFC) was downgraded by analysts at Goldman Sachs Group Inc from a buy rating to a neutral rating.

Public Storage (NYSE:PSA) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating. Morgan Stanley currently has $199.00 price target on the stock.

Sports Direct Intl (OTCMKTS:SDISY) was downgraded by analysts at Jefferies Group LLC from a hold rating to an underperform rating.

South32 (OTCMKTS:SOUHY) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “South32 Limited is a resources company. The Company primarily produces alumina, aluminium, coal, manganese, nickel, silver, lead and zinc. South32 Limited is based in Perth, Australia. “

Carrols Restaurant Group (NASDAQ:TAST) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “CARROLS RESTAURANT GROUP, INC., operating through its subsidiaries, including Carrols Corporation, is one of the largest restaurant companies in the United States. The Company operates three restaurant brands in the quick-casual and quick-service restaurant segments with over five hundred company-owned and operated restaurants in 16 states, and several franchised restaurants in the United States, Puerto Rico and Ecuador. Carrols Restaurant Group owns and operates two Hispanic Brand restaurants, Pollo Tropical and Taco Cabana. It is also the largest Burger King franchisee, based on number of restaurants, and has operated Burger King restaurants since 1976. “

Ted Baker (OTCMKTS:TBAKF) was downgraded by analysts at Zacks Investment Research from a buy rating to a sell rating. According to Zacks, “Ted Baker PLC is a lifestyle brand company. It offers Menswear; Womenswear; Phormal; Endurance; Accessories; Audio; Bedding; Childrenswear; Crockery; Eyewear; Footwear; Fragrance and Skinwear; Gifting and Stationery; Jewellery; Lingerie and Sleepwear; Luggage; Neckwear; Rugs; Suiting; Technical Accessories; Tiles and Watches through distribution channels, retail ; wholesale and licensing. The company operates primarily in the UK; Europe; North America; Middle East, Asia, Africa and Australasia. Ted Baker PLC is headquartered in London, the United Kingdom. “

TriCo Bancshares (NASDAQ:TCBK) was downgraded by analysts at FIG Partners from an outperform rating to a market perform rating.

Tandem Diabetes Care (NASDAQ:TNDM) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Tandem Diabetes Care, Inc. is a medical device company. The Company designs, develops, and commercializes products for people with insulin-dependent diabetes. Its products include t:slim Insulin Delivery System. Tandem Diabetes Care, Inc. is headquartered in San Diego, California. “

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