Today's noteworthy downgrades include: Ameriprise (AMP) downgraded to Neutral from Buy at Goldman... Aquinox (AQXP) downgraded to Hold from Buy at Jefferies... Charles River (CRL) downgraded to Underweight from Equal Weight at Barclays... Coty (COTY) downgraded to Market Perform from Outperform at Wells Fargo... Diamond Offshore (DO) downgraded to Sell from Hold at Clarkson Capital... Edgewell Personal Care (EPC) downgraded to Neutral from Buy at SunTrust... Gap (GPS) downgraded to Neutral from Buy at UBS... IAMGOLD (IAG) downgraded to Underperform from Sector Perform at RBC Capital... James River Group (JRVR) downgraded to Market Perform from Outperform at BMO Capital... Mercer (MERC) downgraded to Outperform from Strong Buy at Raymond James... ONE Gas (OGS) downgraded to Equal Weight from Overweight at Morgan Stanley... Rite Aid (RAD) downgraded due to slowing script growth at Raymond James... Transocean (RIG) downgraded to Sell from Hold at Clarkson Capital... Virtus Investment (VRTS) downgraded to Sell from Neutral at Goldman.

Transocean issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company's fleet of offshore drilling rigs. Deepwater Asgard - awarded a 365-day contract extension in the U.S. Gulf of Mexico at a rate of $505K. Deepwater Skyros - customer exercised a three-well option in Angola at a rate of $400K. The aggregate incremental backlog associated with these fixtures is approximately $248M. As of April 17, 2024, the company's total backlog is approximately $8.9B.

TD Cowen analyst Oliver Chen lowered the firm's price target on Coty to $13 from $16 and keeps a Buy rating on the shares. The firm said recent stock pullbacks of (13%) imply modest expectations ahead of earnings but they remain constructive on the category.