Stock Downgrades: Apple Inc. (NASDAQ:AAPL), Carmike Cinemas, Inc. (NASDAQ:CKEC), Baker Hughes Incorporated (NYSE:BHI), Douglas Emmett, Inc. (NYSE:DEI)

Apple (NASDAQ:AAPL) was downgraded by equities researchers at Citigroup Inc. from a “strong-buy” rating to a “buy” rating in a research report issued on Friday, TheFlyOnTheWall.com reports. They currently have a $675.00 target price on the stock, up from their previous target price of $600.00. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 0.45%. On last trading day company shares ended up $593.76. Analysts mean target price for the company is $626.93. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 9.32%.

Cinemas (NASDAQ:CKEC) was downgraded by equities researchers at Topeka Capital Markets from a “buy” rating to a “hold” rating in a research report issued on Tuesday, TheFlyOnTheWall. Carmike Cinemas, Inc. (NASDAQ:CKEC) shares fell -2.16% in last trading session and ended the day on $33.12. CKEC gross Margin is 21.30%. Carmike Cinemas, Inc. (NASDAQ:CKEC) quarterly performance is 18.50%.

Bernstein downgraded Baker Hughes Incorporated (NYSE:BHI) to “market perform” and “outperform” and set a $77 price target. Baker Hughes Incorporated (NYSE:BHI) shares moved down -0.14% in last trading session and was closed at $70.00, while trading in range of $69.23 – $70.19. Baker Hughes Incorporated (NYSE:BHI) year to date (YTD) performance is 27.30%.

In a report issued Tuesday May 13th, analysts at Wells Fargo downgraded their rating on Douglas Emmett, Inc. (NYSE:DEI) from Outperform to Market Perform. Douglas Emmett, Inc. (NYSE:DEI) ended the last trading day at $27.67. Company weekly volatility is calculated as 1.63% and price to cash ratio as 89.94.Douglas Emmett, Inc. (NYSE:DEI) showed a negative weekly performance of -1.21%.

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