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Stock Downgrades From 2011/12/06

Daily Upgrades And Downgrades. Upgrades and downgrades are positive (negative) changes in the rating of a security. An upgrade is usually triggered by a steady improvement in the fundamentals and financials of the entity that has issued the security. Downgrade ratings are vice versa. Changes in the analyst rating could hit the company’s stock price significantly. Watch out the current rating decisions. Here is a current list of recent company upgrades and downgrades by brokerage firms for investors.

Downgrades:

Continental Resources (CLR) has a market capitalization of $12.89Billion. The company was downgraded by the brokerage firm “Howard Weil” from “Market Outperform” to ”Market Perform ($79)”. The stock price closed at $71.44 and has changed by -0.31% compared to the previous day.

Here are the price ratios of the company: The P/E ratio is 26.46, Price/Sales 7.92 and Price/Book 5.34. The earnings per share is expected to grow by 24.70% for next year and 12.75% for the upcoming 5 years.

1-Year Chart Of Continental Resources (Click to enlarge)

Canadian Natl Rail (CNI) has a market capitalization of $34.56Billion. The company was downgraded by the brokerage firm “Barclays Capital” from “Equal Weight” to ”Underweight ($78)”. The stock price closed at $77.69 and has changed by -1.21% compared to the previous day.

Here are the price ratios of the company: The P/E ratio is 15.32, Price/Sales 4.01 and Price/Book 3.11. The earnings per share is expected to grow by 11.40% for next year and 13.86% for the upcoming 5 years.

1-Year Chart Of Canadian Natl Rail (Click to enlarge)

Fortinet (FTNT) has a market capitalization of $3.78Billion. The company was downgraded by the brokerage firm “Robert W. Baird” from “Outperform” to ”Neutral ($27)”. The stock price closed at $24.57 and has changed by -4.02% compared to the previous day.

Here are the price ratios of the company: The P/E ratio is 64.66, Price/Sales 9.31 and Price/Book 11.93. The earnings per share is expected to grow by 16.28% for next year and 19.63% for the upcoming 5 years.

1-Year Chart Of Fortinet (Click to enlarge)