Analysts’ Downgrades for January, 17th (AAPL, AB, ACIW, ALBO, AMGP, ANFI, ARCB, ARDM, CEO, JUNO)

Analysts’ downgrades for Wednesday, January 17th:

Apple (NASDAQ:AAPL) was downgraded by analysts at Bank of America Corp from a buy rating to a neutral rating. They currently have $220.00 target price on the stock, up from their previous target price of $180.00.

AllianceBernstein (NYSE:AB) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “ALLIANCE CAP MANAGEMENT L.P. provides diversified investment management services, primarily to pension funds, endowments, foreign financial institutions, and to individual investors. “

ACI Worldwide (NASDAQ:ACIW) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,000 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries as well as 300 of the leading global retailers rely on ACI to execute $14 trillion each day in payments. In addition, thousands of organizations utilize our electronic bill presentment and payment services. Through their comprehensive suite of software and SaaS-based solutions, they deliver real-time, any-to-any payments capabilities and enable the industry’s most complete omni-channel payments experience. “

Albireo Pharma (NASDAQ:ALBO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Albireo Pharma, Inc. is a biopharmaceutical company. It focused on the development of novel bile acid modulators to treat orphan pediatric liver diseases and other liver and gastrointestinal diseases and disorders. Albireo Pharma Inc., formerly known as BIODEL INC., is based in Boston, United States. “

Antero Midstream GP (NYSE:AMGP) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Antero Midstream GP LP owns, operates and develops midstream energy infrastructure. The Company’s segments include gathering and processing segment and water handling and treatment segment. It offers gathering and compressions, water distribution, clearwater facility, fractionation and pipeline safety services. Antero Midstream GP LP is based in Denver, United States. “

Amira Nature Foods (NYSE:ANFI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Amira Nature Foods Ltd. provides packaged Indian specialty rice. The Company sells Basmati rice, premium long-grain rice under their flagship Amira brand as well as under other third party brands. It participates across the entire rice supply chain from the procurement of paddy to its storage, aging, processing into rice, packaging, distribution and marketing. Amira Nature Foods Ltd. is headquartered in Dubai, United Arab Emirates. “

ArcBest (NASDAQ:ARCB) was downgraded by analysts at Zacks Investment Research from a 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. “

Aradigm (NASDAQ:ARDM) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Aradigm Corp. is a leading developer of advanced pulmonary drug delivery systems for the treatment of systemic conditions as well as lung diseases. Their hand-held AERx platform is being designed for the rapid and reproducible delivery of a wide range of pharmaceutical drugs and biotech compounds via the lung. “

CNOOC (NYSE:CEO) was downgraded by analysts at UBS Group AG from a buy rating to a neutral rating.

Juno Therapeutics (NASDAQ:JUNO) was downgraded by analysts at Wedbush from an outperform rating to a neutral rating.

Onconova Therapeutics (NASDAQ:ONTX) was downgraded by analysts at Maxim Group from a buy rating to a hold rating.

Safestore Hldgs (OTCMKTS:SFSHF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Safestore Holdings plc is a real estate investment trust. The company provides self-storage facilities for personal and business customers primarily in the United Kingdom and France. Safestore Holdings plc is headquartered in Borehamwood, the United Kingdom. “

Sage Group (OTCMKTS:SGPYY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “The Sage Group plc supplies business management software, services and support to small and medium sized businesses. The Company’s products includes accounting, payroll, customer relationship management, financial forecasting, payment processing, job costing, human resources, business intelligence, taxation and other products for accountants, business stationery, development platforms, e-business and enterprise resource planning. Sage Group’s products find its application in the healthcare, human resource and payroll, construction/real estate, transport/distribution, payment processing, accountancy, manufacturing, retail, and automotive distribution industries. The products offered by the Company are majorly developed and supported locally. The Sage Group plc is headquartered in Newcastle upon Tyne, the United Kingdom. “

Shell Midstream Partners (NYSE:SHLX) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Shell Midstream Partners, L.P. engages in owning, operating, developing and acquiring pipelines and other midstream assets. Its initial assets consist of interests in entities that own crude oil and refined products pipelines serving as key infrastructure to transport growing onshore and offshore crude oil production to Gulf Coast refining markets and to deliver refined products from those markets to major demand centers. Shell Midstream Partners, L.P. is based in Houston, Texas. “

SiteOne Landscape Supply (NYSE:SITE) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “SiteOne Landscape Supply, Inc. is a wholesale distributor of landscape supplies primarily in the United States. It provides irrigation supplies; fertilizer and control products such as herbicides; landscape accessories; turf protection products; grass seed; turf care equipment and golf course maintenance supplies and nursery goods as well as hardscapes, including pavers, natural stones, and blocks; outdoor lighting and ice melt products, as well as related value-added consultative services. SiteOne Landscape Supply, Inc. is headquartered in Roswell, Georgia. “

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