Notable Downgrades: Gap, Inc. (GPS), American Airlines (AAL), OvaScience (OVAS), Autodesk (ADSK), Barracuda Networks (CUDA)

Analysts at UBS downgraded The Gap, Inc. (GPS) from ‘Neutral’ to ‘Sell’ in a research report issued to clients on Wednesday.

The target price for GPS is lowered from $40 to $25.

On valuation measures, Gap Inc. stock it’s trading at a forward P/E multiple of 9.51x, and at a multiple of 10.74x this year’s estimated earnings. The t-12-month revenue at Gap Inc. is $16.24 billion. GPS ‘s ROE for the same period is 40.16%.

Shares of the $11.58 billion market cap company are down 26.95% year-over-year and 27.47% year-to-date.

Gap Inc., currently with a median Wall Street price target of $37.50 and a high target of $50 dropped $1.75 to $28.469 in recent trading.

American Airlines Group Inc. (AAL) was downgraded from ‘Buy’ to ‘Neutral’ at Goldman Sachs (GS).

Shares have traded today between $37.72 and $39.68 with the price of the stock fluctuating between $28.10 to $56.20 over the last 52 weeks.

American Airlines Group Inc. shares are currently changing hands at 6.63x this year’s forecasted earnings, compared to the industry’s 10.42x earnings multiple. Ticker has a t-12 price/sales ratio of 0.63. EPS for the same period registers at $5.79.

Shares of AAL have lost $0.81 to $38.37 in mid-day trading on Wednesday, giving it a market cap of roughly $26 billion. The stock traded as high as $56.20 in January 26, 2015.

OvaScience, Inc. (OVAS) was reiterated a ‘Outperform’ by Oppenheimer analysts on Wednesday. The broker however, slashed its price target on the stock to $12 from $60.

Shares have traded today between $7.90 and $8.97 with the price of the stock fluctuating between $7.90 to $55.69 over the last 52 weeks.

Ovascience Inc. shares have a t-12 price/sales ratio of 5,192. EPS for the same period registers at ($2.62).

Shares of OvaScience have lost $0.34 to $8.23 in mid-day trading on Wednesday, giving it a market cap of $224.41 million. The stock traded as high as $55.69 in March 25, 2015.

Autodesk, Inc. (ADSK) was reiterated as ‘Buy’ with a $56 from $60 price target on Wednesday by UBS. Autodesk was also lowered to $70 from $75 at Cowen.

ADSK was down $1.02 at $44.22 in mid-day trade, moving within a 52-week range of $43.98 to $65.00. The name, valued at $10.00 billion, opened at $45.39.

Barracuda Networks, Inc. (CUDA) rating of ‘Buy’ was reiterated today at Stifel with a price target decrease of $32 from $36 (versus a $23.55 previous close).

CUDA shares recently lost $8.51 to $15.04. The stock is down more than 7% year-over-year and has lost roughly 34% year-to-date. In the past 52 weeks, shares of the Charlotte, North Carolina-based company have traded between a low of $14.77 and a high of $46.78.

Barracuda Networks, Inc. closed Tuesday at $23.55. The name has a current market cap of $804.09 million.

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