Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Alibaba (BABA) downgraded to Hold from Buy at Argus with analyst Jim Kelleher saying the company is facing lower domestic consumption spending and increased competition, which is slowing growth in its core business. 2. Nordstrom (JWN) downgraded to Hold from Buy at Jefferies with analyst Stephanie Wissink saying the company's transformation costs are rising while its execution is slipping. 3. Titan Machinery (TITN) downgraded to Neutral from Outperform at Baird with analyst Mircea Dobre saying after the 96% year-to-date and its valuation reaching levels last seen in the 2011-2012 agriculture super cycle, Titan Machinery shares now reflect the agriculture upside, operational improvement and resumption in larger scale acquisitions. 4. Jack in the Box (JACK) downgraded to Hold from Buy at Stifel with analyst Chris O'Cull saying he has "several concerns," including "SRS remaining weak" coupled with labor challenges causing restaurant margin to decline meaningfully over the next few quarters, lower store-level profitability and a lack of catalysts to fundamentally change the company's EBITDA/cash flow trajectory. 5. Noah Holdings (NOAH) downgraded to Neutral from Overweight at JPMorgan with analyst Katherine Lei finding the company's "lackluster" growth disappointing. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.