Notable Downgrades: Cowen Group (COWN), Epizyme (EPZM), Heritage Insurance (HRTG), Whiting Petroleum (WLL)

Analysts at Sandler O’Neill downgraded Cowen Group, Inc. (COWN) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Monday.

On valuation measures, Cowen Group Inc. stock it’s trading at a forward P/E multiple of 9.11x, and at a multiple of 4.10x this year’s estimated earnings. The t-12-month revenue at Cowen Group Inc. is $376.14 million. COWN ‘s ROE for the same period is 27.00%.

Shares of the $671.20 million market cap company are up 54.01% year-over-year and 36.04% year-to-date.

Cowen Group Inc., currently with a median Wall Street price target of $6.60 and a high target of $7.00, dropped $0.51 to $6.025 in recent trading.

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

Epizyme, Inc. (EPZM) was downgraded from ‘Buy‘ to ‘Neutral‘ at H.C. Wainwright. The broker also slashed its price target on the name to $22 from $45.

Shares have traded today between $21.52 and $23.98 with the price of the stock fluctuating between $15.51 to $40.98 over the last 52 weeks.

Epizyme Inc. shares have a t-12 price/sales ratio of 34.79. EPS for the same period registers at ($3.22).

Shares of EPZM have lost $1.98 to $22.45 in midday trading on Monday, giving it a market cap of roughly $925 million. The stock traded as high as $40.98 in August 14, 2014.

JMP Securities reported on Monday that they have lowered their rating for Heritage Insurance Holdings, Inc. (HRTG). The firm has downgraded HRTG from ‘Market Outperform‘ to ‘Market Perform‘.

Heritage Insurance Holdings Inc. recently traded at $24.89, a loss of $2.22 over Friday’s closing price. The name has a current market capitalization of $741.91 million.

Whiting Petroleum Corp. (WLL) was reiterated a ‘Outperform’ by Oppenheimer analysts on Monday. The broker also cut its price target on the stock to $41 from $47.

WLL was down $1.32 at $25.15 in midday trade, moving within a 52-week range of $24.13 to $92.92. The name, valued at $5.13 billion, opened at $26.80.

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