5 Stocks Seeing Big Analyst Downgrades

By Larry Gellar Here we have 5 of the latest analyst downgrades. Akamai and VMWare are two technology companies that are facing fierce competition. Meanwhile, UPS, PulteGroup, and Dr Pepper Snapple are three more traditional companies that could be due for a downswing. Let’s see what’s been happening with these 5 stocks: Wells Fargo downgraded Dr. Pepper Snapple Group, Inc. (DPS) from Outperform to Market Perform because the drink company continues to suffer from high costs. In fact, DPS stock hasn’t performed very well lately, which we highlighted last month. The stock almost hit $40 a couple of times in December but is now trading for less than $38. Dr Pepper Snapple has also been involved in a heated lawsuit with Dr Pepper Bottling Co of Dublin. In order to make things right, Dr Pepper Snapple has agreed to simply buy the company, although it will no longer produce Dr Pepper at its facility. Another interesting headline for Dr Pepper Snapple has been the company’s new “Always One of a Kind” advertising campaign. Here’s what Dave Fleming, director of marketing for the Dr Pepper drink, recently said: “Dr Pepper has been one of a kind for more than 125 years,…