Research Analysts’ downgrades for Wednesday, September 12th:

Acuity Brands (NYSE:AYI) was downgraded by analysts at Goldman Sachs Group Inc from a neutral rating to a sell rating.

Chuy’s (NASDAQ:CHUY) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

Denny’s (NASDAQ:DENN) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

Entegris (NASDAQ:ENTG) was downgraded by analysts at Goldman Sachs Group Inc from a conviction-buy rating to a buy rating.

Francesca’s (NASDAQ:FRAN) was downgraded by analysts at B. Riley from a buy rating to a neutral rating. B. Riley currently has $4.00 target price on the stock, down from their previous target price of $9.00.

Invuity (NASDAQ:IVTY) was downgraded by analysts at Leerink Swann from an outperform rating to a market perform rating.

Lam Research (NASDAQ:LRCX) was downgraded by analysts at Goldman Sachs Group Inc from a buy rating to a neutral rating.

MACOM Technology Solutions (NASDAQ:MTSI) was downgraded by analysts at Stifel Nicolaus from a hold rating to a sell rating. They currently have $20.00 price target on the stock.

Micron Technology (NASDAQ:MU) was downgraded by analysts at Goldman Sachs Group Inc from a buy rating to a hold rating. Goldman Sachs Group Inc currently has $50.00 price target on the stock.

NXP Semiconductors (NASDAQ:NXPI) was downgraded by analysts at Stifel Nicolaus from a hold rating to a sell rating.

Par Pacific (NYSEAMERICAN:PARR) was downgraded by analysts at Cowen Inc from an outperform rating to a market perform rating.

PAVmed (NASDAQ:PAVM) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “PAVmed Inc. is a medical device company. Its diversified pipeline of products address unmet clinical needs, which consists of CarpX (TM) to treat carpal tunnel syndrome; NextFlo(TM) and NextCath(TM) a disposable infusion pump; PortIO(TM) and NextCath interventional radiology and Caldus (TM) tissue ablation and cardiovascular intervention. PAVmed Inc. is headquartered in New York City. “

Power Integrations (NASDAQ:POWI) was downgraded by analysts at Stifel Nicolaus from a buy rating to a hold rating.

Pacific Premier Bancorp (NASDAQ:PPBI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “LIFE Financial Corporation is a savings and loan holding company for Life Bank. The company originates, purchases, sells, securitizes and services primarily non-conventional mortgage loans principally secured by first and second mortgages on one- to four-family residences. The Company makes Liberator Series loans, which are for the purchase of residential real property by borrowers who generally would not qualify for Fannie Mae or Freddie Mac loans, and Portfolio Series loans, which is debt consolidation loans for borrowers whose credit history qualifies them. “

Snap (NYSE:SNAP) was downgraded by analysts at BTIG Research from a neutral rating to a sell rating.

Texas Roadhouse (NASDAQ:TXRH) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating. The firm currently has $75.00 price target on the stock, up from their previous price target of $70.00. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

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