StockNews.com downgraded Synchronoss Technologies (SNCR) from "buy" to "hold".

StockNews.com downgraded Synchronoss Technologies (SNCR) from "buy" to "hold", citing negative P/E and high debt-to-equity ratios, as institutional investors bought and sold shares, with 51.71% owned by them. The company provides cloud, messaging, digital, and network management solutions globally. StockNews.com based the downgrade on the company's recent financial changes and investor sentiment.