Notable Downgrades: Fibria Celulose (FBR), Facebook (FB), LivePerson (LPSN), Pall Corp. (PLL), The Gap, Inc. (GPS), Rackspace (RAX)

Analysts at Citigroup (C) downgraded Fibria Celulose SA (FBR) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Tuesday.

On valuation measures, Fibria Celulose S.A. ADS stock it’s trading at a forward P/E multiple of 5.72x. The t-12-month revenue at Fibria is $2.50 billion. FBR ‘s ROE for the same period is (2.96%).

Shares of the $8.09 billion market cap company are up 43.17% year-over-year and 16% year-to-date.

Fibria Celulose, currently with a median Wall Street price target of $14.50 and a high target of $16.66, rose $0.64 to $14.61 in recent trading.

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

Facebook, Inc. (FB) was downgraded by Battle Road Research from a ‘Buy’ rating to an ‘Hold’ rating in a research note issued on Tuesday. While the firm maintained its $86 price target on the name, it noted co.’s growth is slowing even as expenses rise.

FB shares recently lost $0.53 to $77.48. In the past 52 weeks, shares of Menlo Park, California-based social networking giant have traded between a low of $57.31 and a high of $86.07. Shares are up 36.29% year-over-year ; flat year-to-date.

LivePerson Inc. (LPSN) was downgraded from ‘Outperform‘ to ‘Neutral‘ at Credit Suisse (CS).

Shares have traded today between $8.11 and $8.40 with the price of the stock fluctuating between $8.11 to $14.70 over the last 52 weeks.

LivePerson Inc. shares are currently changing hands at 22.59x next year’s forecasted earnings. Ticker has a t-12 price/sales ratio of 2.57. EPS for the same period registers at ($0.14).

Shares of LPSN have lost $1.14 to $8.32 in mid-day trading on Tuesday, giving it a market cap of roughly $945 million. The stock traded as high as $14.70 in October 31, 2014.

FBR Capital reported on Tuesday that they have lowered their rating for The Gap, Inc. (GPS). The firm has downgraded GPS from ‘Outperform‘ to ‘Market Perform‘ and set its price target at $40.

Gap Inc. recently traded at $38.49, a loss of $1.38 over Monday’s closing price. The name has a current market capitalization of $16.16 billion.

As for passive income investors, the company pays shareholders $0.92 per share annually in dividends, yielding 2.30%. Five year average dividend yield currently stands at 2.00 percent.

Pall Corporation (PLL) had its rating lowered from ‘Hold‘ to ‘Underweight‘ by analysts at BB&T Capital Markets on Tuesday. Currently there are 4 analysts that rate PLL a ‘Buy‘, no analysts rate it a ‘Sell‘ while 8 rate it a ‘Hold‘.

PLL was up $18.76 at $118.07 in midday trade, moving within a 52-week range of $76.59 to $120.35. The name, valued at $12.59 billion, opened at $120.00.

On valuation measures, Pall Corp. shares are currently priced at 34.07x this year’s forecasted earnings. Ticker has a t-12 price/sales ratio of 3.71. EPS for the same period registers at $3.47.

The company currently pays stockholders $1.22 per share annually in dividends, yielding 1.20%.

Rackspace Hosting, Inc. (RAX) was downgraded by Credit Agricole from a ‘Buy‘ rating to an ‘Outperform‘ rating in a research report issued to clients on Tuesday. They currently have a $52 price objective on the stock, 3 points lower from their previous price target of $55. The name was also downgraded at at Morgan Stanley (MS).

RAX closed at $53.13 on Monday and is currently trading down $7.55. Last night Rackspace reported Q1/15 results. The cloud-based web hosting firm handed in EPS of $0.20 per share on revenue of $480.2 million, beating Wall Street earnings estimates of $0.19 per share on revenue of $481 million.

In the past 52 weeks, shares of San Antonio, Texas-based company have traded between a low of $28.16 and a high of $56.20 and are now trading at $45.58. Shares are up 102% year-over-year and 13.50% year-to-date.

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