Research Analysts’ Downgrades for January, 5th (ADM, EZJ, HSTG, NSIT, NVEE, OC, ODFL, ORBC, PCH, PDS)

Research Analysts’ downgrades for Friday, January 5th:

Admiral Group (LON:ADM) was downgraded by analysts at JPMorgan Chase & Co. to an underweight rating. The firm currently has GBX 1,900 ($25.40) price target on the stock, down from their previous price target of GBX 1,980 ($26.47).

easyJet (LON:EZJ) was downgraded by analysts at Beaufort Securities to a hold rating.

Hastings Group (LON:HSTG) was downgraded by analysts at JPMorgan Chase & Co. to a neutral rating.

Insight Enterprises (NASDAQ:NSIT) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Insight Enterprises Inc., is a global direct marketer of brand name computers, hardware and software. It is an Arizona-based publicly traded global technology company that focuses on business-to-business and information technology capabilities. The company markets to small-and-medium-sized businesses, through a combination of a strong outbound telemarketing sales force, electronic commerce, electronic marketing and direct mail catalogs. The company offers an extensive assortment of computer hardware and software. The company’s sales force, aggressive marketing strategies and streamlined distribution, together with its advanced proprietary information system, have resulted in high customer loyalty and strong, profitable growth. “

NV5 Global (NASDAQ:NVEE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “NV5 Holding Inc. offers professional, technical consulting and certification solutions for public and private sector. The company focuses on business services which include construction quality assurance, infrastructure engineering, energy services, program management, and environmental services. It operates in California, Colorado, Utah, Florida and New Jersey. NV5 Holding Inc. is headquartered in Hollywood, Florida. “

Owens Corning (NYSE:OC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Owens Corning is a world leader in building materials systems and composite solutions. Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation, roofing, siding and stone, to glass composite materials used in transportation, electronics, telecommunications and other high-performance applications. Owens Corning has become a market-leading innovator of glass-fiber technology with sales. “

Old Dominion Freight Line (NASDAQ:ODFL) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Old Dominion Freight Line, Inc. (NASDAQ: ODFL), is a leading, less-than-truckload LTL, union-free company providing super-regional and national LTL service. The company is an inter-regional and multi-regional motor carrier transporting primarily less-than-truckload shipments of general commodities, including consumer goods, textiles and capital goods to a diversified customer base. In addition to its core LTL services, OD offers customers a broad range of logistics services including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage and container delivery and warehousing. In addition, Old Dominion offers a consumer product for household moving: OD Household Services®. Through strategic partnerships, the Company also offers international freight forwarding services throughout the world. OD consistently has one of the lowest claims ratios and best on-time records in the industry. “

ORBCOMM (NASDAQ:ORBC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “ORBCOMM INC., is a leading global satellite data communications company, focused on Machine-to-Machine communications. Its customers include General Electric, Caterpillar Inc., Volvo Group and Komatsu Ltd. among other industry leaders. By means of a global network of twenty nine low-earth orbit satellites and accompanying ground infrastructure, ORBCOMM’s low-cost and reliable two-way data communications products and services track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. The company’s products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets. ORBCOMM is headquartered in Fort Lee, New Jersey and has a Network Control Center in Dulles, Virginia. “

Potlatch (NASDAQ:PCH) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Potlatch Corporation is a Real Estate Investment Trust (REIT) with approximately 1.4 million acres of timberland in Alabama, Arkansas, Idaho, Minnesota and Mississippi. Potlatch, a certified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary. “

Precision Drilling (NYSE:PDS) (TSE:PD) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Precision Drilling Corporation is an oilfield services company. The Company provides contract drilling, well servicing and strategic support services to the oil and gas industry in North America and internationally. It provides land drilling, directional drilling, turnkey drilling, camp and catering services, procures and distributes oilfield supplies. It also offers service rigs for well completion and workover services, snubbing services and wastewater treatment services, tubulars, well control equipment, wellsite accommodations. Precision Drilling Corporation is headquartered in Calgary, Canada. “

Peoples Bancorp (NASDAQ:PEBO) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Peoples Bancorp Inc. is a bank holding company. “

Pennsylvania Real Estate Investment Trust (NYSE:PEI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “PENNSYLVANIA R.E. INVEST. TR. is a real estate investment trust, engaged in acquiring and holding for investment interests in real estate. “

Pfenex (NYSEAMERICAN:PFNX) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Pfenex Inc. is a clinical-stage biotechnology company developing and commercializing proteins. The company’s lead product candidate is PF582, a biosimilar candidate to Lucentis, for the potential treatment of patients with retinal diseases. It leverages its Pf?nex Expression Technology (TM) platform to build a pipeline of product candidates and preclinical products under development including other biosimilars, as well as vaccines, generics and next generation biologics. Pfenex Inc. is headquartered in San Diego, California. “

PennyMac Financial Services (NYSE:PFSI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “PennyMac Financial Services, Inc. provides financial services primarily in the United States. The Company conducts its business in two segments: mortgage banking and investment management. Mortgage banking segment offers correspondent and retail lending businesses and loan servicing business. Investment management segment offers investment advisory and investment management services. PennyMac Financial Services, Inc. is headquartered in Moorpark, California. “

Pengrowth Energy (NYSE:PGH) (TSE:PGF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Pengrowth Energy Trust is a Canadian energy trust with crude oil and natural gas properties in the Western Canadian Sedimentary Basin and offshore the East Coast of Canada. “

Spartan Motors (NASDAQ:SPAR) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

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