Notable Downgrades: Ctrip.com Int’l (CTRP), Equinix (EQIX), Intel (INTC), Juniper Networks (JNPR)

Analysts at Stifel downgraded Ctrip.com International Ltd. (CTRP) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Tuesday.

On valuation measures, Ctrip.com International Ltd. ADS stock it’s trading at a forward P/E multiple of 57.41x this year’s estimated earnings. The t-12-month revenue at Ctrip.com is $1.30 billion. CTRP ‘s ROE for the same period is (1.86%).

Shares of the $10.93 billion market cap company are up 47.29% year-over-year and 79.41% year-to-date.

Ctrip.com International, currently with a median Wall Street price target of $85.40 and a high target of $122.00, dropped $3.97 to $77.66 in recent trading.

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

Equinix, Inc. (EQIX) was downgraded from ‘Buy‘ to ‘Neutral‘ at Citigroup (C).

Shares have traded today between $265.84 and $269.96 with the price of the stock fluctuating between $189.55 to $274.13 over the last 52 weeks.

Equinix Inc. shares have a t-12 price/sales ratio of 6.13. EPS for the same period registers at ($4.15).

Shares of EQIX have lost $1.54 to $268.61 in mid-day trading on Tuesday, giving it a market cap of roughly $15.30 billion. The stock traded as high as $274.13 in June 1, 2015.

BMO Capital reported on Tuesday that they have lowered their rating for Intel Corporation (INTC). The firm has downgraded INTC to ‘Market Perform’ from ‘Outperform’.

Intel Corp. recently traded at $33.24, a loss of $0.66 over Monday’s closing price. The name has a current market cap of $157.71 billion.

As for passive income investors, the chipmaker pays shareholders $0.96 per share annually in dividends, yielding 2.80%. Five year average dividend yield currently stands at 3.30%.

Juniper Networks, Inc. (JNPR) had its rating lowered from ‘Buy‘ to ‘Hold‘ by analysts at Standpoint Research on Tuesday. Currently there are 10 analysts that rate JNPR a ‘Buy‘, 2 analysts rate it a ‘Sell‘, and 22 rate it a ‘Hold‘.

JNPR was up $0.25 at $27.31 in mid-day trade, moving within a 52-week range of $18.41 to $28.26. The name, valued at $10.78 billion, opened at $27.07.

On valuation measures, Juniper Networks Inc. shares have a t-12 price/sales ratio of 2.36. EPS for the same period registers at ($0.83).

As for passive income investors, the firm pays stockholders $0.40 per share annually in dividends, yielding 1.40%.

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