Research Analysts’ downgrades for Thursday, December 21st:

Arch Capital Group (NASDAQ:ACGL) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

ANI Pharmaceuticals (NASDAQ:ANIP) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

Avadel Pharmaceuticals plc – American Depositary Shares each representing one Ordinary Share (NASDAQ:AVDL) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

Cross Country Healthcare (NASDAQ:CCRN) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

ConnectOne Bancorp (NASDAQ:CNOB) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

CyrusOne (NASDAQ:CONE) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

DryShips (NASDAQ:DRYS) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

Epizyme (NASDAQ:EPZM) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

First Bancorp (NASDAQ:FBNC) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

Golden Ocean Group (NASDAQ:GOGL) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

Harmonic (NASDAQ:HLIT) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

Morgan Adv Matl (OTCMKTS:MCRUF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Morgan Advanced Materials plc provides ceramic materials. It engaged in design and manufacture components for use in ultrasonic Accoustic Doppler Current Profilers technologies for oceanographic, waterway and waste water usage. Morgan Advanced Materials plc is headquartered in Windsor, the United Kingdom. “

Methode Electronics (NYSE:MEI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Methode Electronics, Inc. is a global manufacturer of electronic components and subsystems. Methode designs, manufactures and markets devices employing electrical, electronic, wireless, sensing and optical technologies. Methode’s components are found in the primary end-markets of the automotive, appliance, communications, aerospace, rail and other transportation industries, and the consumer and industrial equipment markets. “

MGE Energy (NASDAQ:MGEE) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

Maiden (NASDAQ:MHLD) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

Mitek Systems (NASDAQ:MITK) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Mitek Systems, Inc. is primarily engaged in the development and sale of software products with particular focus on intelligent character recognition and forms processing technology, products and services for the document imaging markets. They develop, market and support what they believe to be the most accurate Automated Document Recognition (ADR) products commercially available for the recognition of hand printed characters. “

Marlin Business Services (NASDAQ:MRLN) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

Middlesex Water (NASDAQ:MSEX) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

The Navigators Group (NASDAQ:NAVG) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

NeoGenomics (NASDAQ:NEO) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

National General (NASDAQ:NGHC) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

New York Mortgage Trust (NASDAQ:NYMT) was downgraded by analysts at BidaskClub from a sell rating to a strong sell rating.

Okta (NASDAQ:OKTA) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

Pernod Ricard (OTCMKTS:PDRDY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Pernod Ricard SA, based in France, operates as a manufacturer and seller of a wide range of wines and spirits. The company operates as holding company, with the structure divided between brand owner subsidiaries, such as The Absolut Company, Havana Club International and Chivas Brothers, which produce and develop marketing strategies for the brands, and regional distribution subsidiaries, such as Pernod Ricard Europe, Pernod Ricard Americas and Pernod Ricard Asia, which implement marketing strategies and distribute local brands. The Company is active in eight principal beverage sectors: whiskies, aniseed spirits, liqueurs, cognacs and brandies, white spirits and rums, bitters, champagnes and wines. Pernod Ricard SA’s flagship brands include Ricard, Havana Club, Ballantine’s, Malibu, Martell, The Glenlivet, Chivas Regal, Jameson and Absolut Vodka, among others. “

pdvWireless (NASDAQ:PDVW) was downgraded by analysts at BidaskClub from a strong-buy rating to a buy rating.

PriceSmart (NASDAQ:PSMT) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

PTC (NASDAQ:PTC) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

Pzena Investment Management (NYSE:PZN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Pzena Investment Management, LLC, which will become the company’s operating company upon the consummation of the offering, is a premier value-oriented investment management firm with a record of investment excellence and exceptional client service. “

Sanderson Farms (NASDAQ:SAFM) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Sanderson Farms, Inc. is engaged in the production, processing, marketing and distribution of fresh, frozen and minimally prepared chicken. As a company, Sanderson Farms is committed to adopting a fresh approach in everything that it does. Not only where products are concerned, but companywide as well. Though the company has grown in size, it still adheres to the same hometown values of honesty, integrity and innovation that were established when the Sanderson family founded the company as a small feed, seed and farm supply business. “

Safety Insurance Group (NASDAQ:SAFT) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

SemGroup (NYSE:SEMG) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “SemGroup Corp provides gathering, transportation, storage, distribution, blending, marketing and other midstream services to producers, refiners of petroleum products and others market participants located in Midwest and Rocky Mountain regions of the United States of America. The Company operates in the pipeline gathering and processing segments of the natural gas midstream industry in the U.S. and Canada. It conducts its business through seven business segments- SemCrude, SemStream, SemLogistics, SemMexico, SemCanada Crude, SemGas and SemCAMS. Its asset base includes pipelines, gathering systems, storage facilities, terminals, processing plants, blending facilities and other distribution assets. It also maintains and operates storage, terminal and marine facilities in the U.K. and operates a network of liquid asphalt cement terminals throughout Mexico. SemGroup Corp is headquartered in Tulsa, Oklahoma. “

Summit Financial Group (NASDAQ:SMMF) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

State Auto Financial (NASDAQ:STFC) was downgraded by analysts at BidaskClub from a strong-buy rating to a buy rating.

Wingstop (NASDAQ:WING) was downgraded by analysts at BidaskClub from a buy rating to a hold rating.

YY (NASDAQ:YY) was downgraded by analysts at Vetr from a buy rating to a hold rating. The firm currently has $116.48 target price on the stock.

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