Downgrades for Casinos, Home Improvement Retailers, Ford Motor

Bearish calls for Las Vegas Sands (LVS), Wynn Resorts (WYNN), Home Depot (HD), Lowe's (LOW) and Ford Motor (F) in Tuesday's Analysts' Actions. Ford Motor had its rating cut to NEUTRAL from BUY at Goldman Sachs with the price target lowered to $17 from $21. Goldman thinks Ford lacks near-term catalyst and there's a risk that the shares are dead money. Bank of America/Merrill Lynch isn't betting on the house when it comes to casino stocks. The firm downgraded both Las Vegas Sands and Wynn to NEUTRAL ratings from BUY. The analysts there also lowered the price targets on both stocks. SunTrust lowered its views on both Lowe's and Home Depot to NEUTRAL from BUY ratings, citing near-term risk of correction based on muted earnings of renovation-based suppliers. SunTrust did note that Home Depot's recent credit card data breach was not part of this downgrade.