Analysts Lowered Ratings on These 4 Stocks Today
- El Paso Electric (NYSE:EE): Argus downgraded its rating on this stock from Buy to Hold. No price target was given. About the company: El Paso Electric Company generates, distributes, and transmits electricity in west Texas and southern New Mexico. The Company also serves wholesale customers in Texas, New Mexico, California, and Mexico. El Paso Electric owns or has partial ownership interests in electrical generating facilities.
- Sunpower (NASDAQ:SPWRA): Stifel Nicolaus downgraded its rating from Hold to Sell. No price target was given. About the company: SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.
- Rent-A-Center (NASDAQ:RCII): Stifel Nicolaus downgraded its rating from Buy to Hold. No price target was given. About the company: Rent-A-Center, Inc. operates franchised and company-owned Rent-A-Center and ColorTyme rent-to-own merchandise stores. The Company’s stores offer home electronics, appliances, furniture, and accessories under flexible rental purchase agreements. Rent-A-Center operates across the United States and Puerto Rico.
- NVIDIA (NASDAQ:NVDA): Needham downgraded its rating on this stock from Hold to Underperform. No price target was given. About the company: NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company’s products provide interactive 3D graphics to the mainstream personal computer market.
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