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4 Downgraded Stocks

Susan Dziubinski

Last week, we examined stocks whose fair values our analysts have increased due to new information gleaned from earnings reports. This week, we're focusing on the opposite: stocks whose fair values our analysts have decreased during earnings season.

Just as a fair value boost isn't a buy signal, neither is a fair value cut a sell signal. Stocks undergoing fair value changes can still be undervalued or overvalued, depending on where the stock is trading relative to that revised fair value estimate.

Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.