Notable Downgrades: Twitter (TWTR), OvaScience (OVAS), SanDisk (SNDK), Ford Motor (F)

Analysts at Stifel downgraded Twitter, Inc. (TWTR) from ‘Buy’ to ‘Hold’ in a research report issued to clients on Monday, noting they do not see how an exodus of top company execs — media head Katie Jacobs Stanton, product head Kevin Weil, the head of the engineering division, Alex Roetter and HR head Brian “Skip” Schipper — can be viewed as a positive in the middle of an attempted business turnaround.

On valuation measures, Twitter Inc. stock it’s trading at a forward P/E multiple of 30.96x. The t-12-month revenue at Twitter is $1.99 billion. TWTR’s ROE for the same period is (14.26%).

Shares of the $11.80 billion market cap company are down 54.34% year-over-year and 22.90% since the beginning of the year.

Twitter Inc., currently with a median Wall Street price target of $33.00 and a high target of $46.00, dropped $0.56 to $17.28 in recent trading.

The chart below shows where the equity has traded over the past 52-weeks.

OvaScience, Inc. (OVAS) was downgraded from ‘Outperform’ to ‘Perform’ at Oppenheimer.

Shares have traded today between $7.29 and $8.10 with the price of the stock fluctuating between $5.76 to $55.69 over the last 52 weeks.

Shares of OvaScience have lost $0.99 to $7.56 in midday trading on Monday, giving it a market cap of $206.22 million. The stock traded as high as $55.69 in March 25, 2015.

Credit Agricole reported on Monday that they have lowered their rating for SanDisk Corp. (SNDK). The firm has downgraded SNDK from ‘Outperform’ to ‘Underperform’ .

SanDisk Corp. recently traded at $61.72, a loss of $5.70 over Friday’s closing price. The name has a current market capitalization of $12.39 billion.

As for passive income investors, the designer of data storage solutions pays shareholders $1.20 per share annually in dividends, yielding 1.78%.

Ford Motor Co. (F) was reiterated an ‘Equal Weight’ by Barclays analysts on Monday. The broker also cut its price target on the stock to $14 from $16.

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