Benzinga’s Top Downgrades (WWE, FIS, HAST, BBVA, JCP)

World Wrestling Entertainment WWE was downgraded by Roth Capital from “buy” to “hold.” WWE’s shares closed at $16.98 yesterday. WWE’s quarterly earnings fell 18.58%. SunTrust Robinson Humphrey downgraded Fidelity National Information Services FIS from “neutral” to “reduce.” FIS’ shares closed at $27.15 yesterday. Fidelity’s earnings are likely to fall by 25.50% this year. Sterne Agee downgraded Hastings Entertainment Inc HAST from “buy” to “neutral.” HAST’s stock closed at $7.68 yesterday. Hastings sales dropped 0.40% over the past 5-years. Banco Bilbao Viscaya Argentaria BBVA has been downgraded by JP Morgan from “overweight” to “neutral.” BBVA closed at $10.77 yesterday. Banco’s shares have lost 39.43% year-to-date. JC Penney Company Inc JCP has been downgraded by Goldman Sachs from “conviction buy” to “buy.” JCP’s shares closed at $26.65 yesterday. JCP’s EPS may fall by 57.97% this year. More Analyst Ratings here
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Posted In: EarningsShort IdeasDowngradesMarketsAnalyst RatingsTrading IdeasConsumer DiscretionaryData Processing & Outsourced ServicesDepartment StoresInformation TechnologyMovies & EntertainmentSpecialty StoresTop Downgrades
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