Stocks Downgraded At Nasdaq: Cisco Systems (NASDAQ:CSCO), Frontier Communications Corp (NASDAQ:FTR), Zillow Inc (NASDAQ:Z), Intevac (NASDAQ:IVAC)

Posted by on Apr 23, 2014

Cisco Systems, Inc. (NASDAQ:CSCO), was downgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research note issued to investors on Monday,TheFlyOnTheWall.com reports. Cisco Systems, Inc. (NASDAQ:CSCO), shares after opening at $23.43 moved to $23.61 on last trade day and at the end of the day closed at $23.52. Company price to sales ratio in past twelve months was calculated as 2.53 and price to cash ratio as 2.57. Cisco Systems, Inc. (NASDAQ:CSCO), showed a positive weekly performance of 2.93%.

Frontier Communications Corp (NASDAQ:FTR), was downgraded by equities researchers at Gabelli to a “hold” rating in a research report issued on Tuesday, StockRatingsNetwork.com reports. Several other analysts have also recently commented on the stock. Frontier Communications Corp (NASDAQ:FTR), shares fell 0.34% in last trading session and ended the day on $5.88. Frontier Communications Corp (NASDAQ:FTR), return on equity ratio is recorded as 2.80% and its return on assets is 0.70%. Frontier Communications Corp (NASDAQ:FTR), yearly performance is 58.92%.

Zillow Inc (NASDAQ:Z), was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Wednesday, American Banking and Market News reports. They currently have a $92.50 target price on the stock. Zacks‘ price target would suggest a potential upside of 10.77% from the stock’s previous close. Zillow Inc (NASDAQ:Z), shares moved up 1.79% in last trading session and was closed at $104.84, while trading in range of $ 101.65 – 108.12. Zillow Inc (NASDAQ:Z), year to date (YTD) performance is 28.28%.

Intevac, Inc. (NASDAQ:IVAC), was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Tuesday, Stock Ratings News reports. They currently have a $7.00 price target on the stock. Zacks‘ target price indicates a potential downside of 7.16% from the stock’s previous close. Intevac, Inc. (NASDAQ:IVAC), weekly performance is 0.69%. On last trading day company shares ended up $8.81. Intevac, Inc. (NASDAQ:IVAC), distance from 50-day simple moving average (SMA50) is 4.95%. Analysts mean target Price for the company is $8.75.

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