Downgraded Stocks In Spotlight (ARO, SNDK, WAG, CATY)

Aeropostale, Inc. (NYSE:ARO) added 1.91% to $23.53. The 52-week range of the stock is $19.10-$32.24. The stock is up more than 3% year-to-date.  

Goldman Sachs downgraded Aeropostale, Inc. from Neutral to Sell and cut their price target from $25 to $23.

SanDisk Corporation (NASDAQ:SNDK) dropped 1.37% to $47.65. The 52-week range of the stock is $21.43-$50.55. An analyst at ThinkEquity downgraded the stock from Buy to Hold earlier. Despite the lowered investment rating, the firm boosted its price target on SanDisk from $46 to $48.

The stock opened at $47.79 and is trading within the range of $46.91-$48.15. The stock rallied more than 64% year-to-date.

Walgreen Company (NYSE:WAG) is down 1.49% to $36.31. The 52-week range of the stock is $26.26-$38.99. The stock lost more than 1% year-to-date. Standpoint Research downgraded Walgreen from Buy to Hold.

The stock has average daily volume of 6.52 million shares.

Cathay General Bancorp (NASDAQ:CATY) declined 1.97% to $14.43 after the stock was downgraded from Buy to Neutral by B. Riley. The firm maintained a $15 price target.

The average daily volume of the stock is 647K shares. At current market price, the market capitalization of the company stands at $1.13 billion.

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