On The Fly: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Apple (AAPL) downgraded to Hold from Buy at HSBC with analyst Erwan Rambourg saying it is "too late to sell" Apple shares following the selloff in November, but it is also "too early to buy." 2. Owens-Illinois (OI) downgraded to Underweight from Sector Weight at KeyBanc with analyst Adam Josephson saying the company has struggled to grow volume in recent years and experienced substantial demand declines in the Great Recession. 3. Invesco (IVZ) downgraded to Market Perform from Outperform at Wells Fargo with analyst Christopher Harris saying he sees weakening trends in Invesco's core business along with risks from the pending Oppenheimer acquisition. 4. Intel (INTC) downgraded to Underperform from Market Perform at Northland with analyst Gus Richard citing his view that trade tensions caused companies to pull in demand to beat the expected increase in tariffs. 5. Fastenal (FAST) downgraded to Neutral on valuation at Longbow with analyst Chris Dankert saying shares approached his $63 price target and survey results from his distributor survey indicates lower growth expectations and increased price/cost pressures. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, (click here.):(http://thefly.com/streetResearch.php)

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