Today's noteworthy downgrades include: DISH (DISH) downgraded to Neutral from Outperform at Macquarie... Envision Healthcare (EVHC) downgraded to Buy from Conviction Buy at Goldman... Citizens Financial (CFG) downgraded to Market Perform at Keefe Bruyette... 8x8, Inc. (EGHT) downgraded to Neutral from Buy at B. Riley... Team Health (TMH) downgraded to Neutral from Buy at Goldman... Cablevision (CVC) downgraded to Market Perform from Outperform at Telsey Advisory... Zumiez (ZUMZ) downgraded to Neutral from Outperform at Baird... Internap (INAP) downgraded to Market Perform from Outperform at Cowen... Vince Holding (VNCE) downgraded to Neutral from Outperform at Baird.

Argus raised the firm's price target on Citizens Financial to $39 from $36 and keeps a Buy rating on the shares after its Q1 earnings beat. Regional bank shares have faced pressure since the failure of three regional banks amid higher deposit costs, commercial real estate exposure, and unrealized losses in the investment portfolio, but Citizens and other regional banks have adequately allayed these fears with their recent results, the analyst tells investors in a research note. Citizens has also hired a number of ex-First Republic advisors to expand its presence in the wealth management business, Argus added.