Investment Analysts’ Downgrades for October, 24th (EBAY, FE, NBHC, NWN, OFG, OPRA, OTEX, PAAS, PARR, PCRFY)

Investment Analysts’ downgrades for Thursday, October 24th:

eBay (NASDAQ:EBAY) was downgraded by analysts at Raymond James from an outperform rating to a market perform rating.

FirstEnergy (NYSE:FE) was downgraded by analysts at Bank of America Corp from a buy rating to a neutral rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

National Bank (NYSE:NBHC) was downgraded by analysts at Sandler O’Neill from a buy rating to a hold rating. Sandler O’Neill currently has $35.00 target price on the stock, up from their previous target price of $34.00.

Northwest Natural (NYSE:NWN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Northwest Natural Holding Company builds and maintains natural gas distribution systems, as well as invests in natural gas pipeline projects through its subsidiaries. It serves residential, commercial and industrial customers primarily in the United States, Canada and Service Territory. Northwest Natural Holding Company, formerly known as NW Natural Gas Company, is headquartered in Portland, Oregon. “

OFG Bancorp (NYSE:OFG) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “OFG Bancorp is a financial holding company that conducts its business activities through its subsidiaries, primarily in Puerto Rico. The company’s product and services consist of consumer banking and lending, commercial banking and wealth management. It offers residential mortgages, auto loans and leases, credit cards, business loans, commercial mortgages and leasing, cash management, transactional services, international trade financing, financial planning, money management, investment brokerage, corporate and individual trust, retirement products programs, and insurance. OFG Bancorp., formerly known as Oriental Financial Group Inc., is based in San Juan, Puerto Rico. “

Opera (NASDAQ:OPRA) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Opera Limited provides web browsers, Opera News, an AI-driven content discovery platform. Opera Limited is based in OSLO, Norway. “

Open Text (NASDAQ:OTEX) (TSE:OTC) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Open Text Corporation is engaged in development of innovative intranet, extranet and e-Business applications. Since creating one of the first search engines to index the World Wide Web, the company has remained at the forefront of Internet-based technologies. Open Text solutions allow individuals, teams, organizations, and global trading communities to collaborate on projects, share ideas and accelerate innovation to the fastest possible speed. Open Text Corporation is headquartered in Waterloo, Canada. “

Pan American Silver (NASDAQ:PAAS) (TSE:PAAS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “PAN AMER SILVER is a mining company focused exclusively on silver. Pan American Silver Corp. is founded upon a single mission, to become the best vehicle for equity investors wanting to gain real exposure to higher silver prices. To accomplish this they are striving to increase their low-cost silver production, to have the most successful silver exploration programs, to hold the largest silver reserves and resources, and to be the purest of the world’s large silver producers. “

Par Pacific (NYSEAMERICAN:PARR) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Par Pacific Holdings, Inc. manages and maintains interests in energy and infrastructure businesses. The company’s operating segment consists of refining, retail and logistics. It also markets and distributes crude oil from the Western United States and Canada to refining hubs in the Midwest, Gulf Coast, East Coast and to Hawaii. Par Pacific Holdings, Inc., formerly known as Par Petroleum Corporation, is headquartered in Houston, Texas. “

Panasonic (OTCMKTS:PCRFY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “PANASONIC CORPORATION is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. The company’s shares are listed on the Tokyo, Osaka, Nagoya and New York stock exchanges. “

PDF Solutions (NASDAQ:PDFS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “PDF Solutions, Inc.’s comprehensive technologies and services enable semiconductor companies to improve yield and performance of manufactured integrated circuits by providing infrastructure to integrate the design and manufacturing processes. They believe that their solutions can significantly improve a semiconductor company’s time to market, the rate at which yield improves and product profitability. “

SRC Energy (NYSEAMERICAN:SRCI) was downgraded by analysts at Roth Capital from a buy rating to a neutral rating.

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