It is a pre-holiday week, interest rates have risen and many headwinds are in the air. Wall Street analysts are still issuing upgrades and downgrades. Each and every morning we peruse dozens of research notes to find the gems for investors looking for stocks to buy and stocks to sell. Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms, but often do not get to see when to sell or avoid a company. These are this Wednesday's top analyst downgrades and cautious research notes from Wall Street.
Abercrombie & Fitch Co. (ANF) was maintained as Hold at Argus, but the firm lowered its earnings estimates for this year and next year.
Aerovironment Inc. (AVAV) was maintained Neutral but its 2014 earnings estimates were cut by almost half after the company signaled order delays in its earnings report.
Douglas Dynamics Inc. (PLOW) was downgraded to Underperform from an already cautious Neutral rating at Credit Suisse, and the target price is $14, versus a current $14.72 share price.
TASER International Inc. (TASR) was downgraded to Neutral from Overweight at J.P. Morgan.
Tiffany & Co. (TIF) was downgraded to Neutral from Buy at Citigroup.
Here are Wednesday's top analyst upgrades. Also, if you have grown worried about a possible market crash, here are five strategies hedge funds use to stay in the market while lowering their risk.