Altria Group Inc. (NYSE: MO): Argus on Tuesday downgraded Altria to Hold from Buy.
Netflix, Inc. (NASDAQ: NFLX): Janney Montgomery Scott lowered its rating on the company to Sell from Hold. The firm said that it will be increasingly more difficult to support its high valuation in the face of headwinds tied to Usage Based billing, a deceleration in sub growth, and an increase in competition that will likely trigger an increase in content cost and SAC.
MGM Resorts International (NYSE: MGM): Credit Suisse downgraded its rating on the stock to Underperform from Neutral. The firm cut its price target on the stock to $11 from $14.
Barrick Gold (NYSE: ABX): BMO Capital this morning lowered its rating on the company to Market Perform. Acquisition will double the company's exposure to base metals.
Pan American Silver Corp. (NASDAQ: PAAS): Jefferies & Co. upgraded the stock to Buy from Hold, citing higher silver prices and valuation. The firm raised its price target on the stock to $48 from $37.
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