Stock Newsletter on Major Stock Downgrades (GLW, MAR, GPC, AET)

Corning Incorporated (NYSE:GLW) is down 0.46% to $17.43 after analyst at Goldman Sachs downgraded the company’s rating to “Neutral” from “Attractive” , saying most of the cyclical upside has played out.

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So far this year, the stock has fallen about 9.50%. The 52-week range for the stock is $14.14-$21.10.

Corning Incorporated serves as a technology-based corporation that operates in five reportable business segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences.

Marriott International, Inc. (NYSE:MAR) slid marginally $31.08. Today, Wells Fargo downgraded the stock to “Market Perform” from “Outperform. “ The firm smashed the Valuation range from $37-39 to $32-36.

So far this year, the stock has risen about 12%. The 52-week range for the stock is $19.14-$38.15.

Marriott International, Inc. is a worldwide operator and franchisor of hotels and related lodging facilities.

Genuine Parts Company (NYSE:GPC) shares are down over 1% after analysts at Goldman Sachs removed the stock from its Conviction Buy List, but maintained their Buy rating. The firm said while they expect favorable results on July 16, the quarter will likely mark the peak for sales growth in the industrial business. The firm retained its earlier price target of $46.

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So far this year, shares of GPC have risen over 7%.

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials.

Aetna Inc. (NYSE:AET) is down 3.87% to $26.56 after analyst at UBS  downgraded the company’s rating to “Neutral” from “Buy” and also lowered the price target by $8 to $30.

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