Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Niska Gas Storage Partners (NYSE: NKA) fell 10% today after being downgraded by an analyst.

So what: Analysts at Goldman Sachs (NYSE:GS) downgraded the stock to sell from a neutral rating because of the company's valuation, high debt, and the low price of natural gas. The price target from Goldman is $11 per share.  

Now what: Nothing really earth shattering here for investors. Analyst downgrades can sometimes lead to a big move in the stock but it's usually short-term in nature. That said, I have to agree that this stock is a sell and I'd be getting out now if you didn't after the latest in a string of big earnings misses.

Interested in more info on Niska Gas Storage Partners? Add it to your watchlist by clicking here.

 

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.