Keefe, Bruyette & Woods Downgrades Thomas Weisel Partners (TWPG) to Market Perform
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Keefe, Bruyette & Woods downgrades Thomas Weisel Partners (Nasdaq: TWPG) from Outperform to Market Perform. Price target $6.25
Keefe analyst says, "Downgrading TWPG to Market Perform on valuation as the shares are virtually at our price target. Investment banking activity remains relatively weak and we don't foresee a catalyst to raise EPS forecasts meaningfully in the near term; we expect the firm to return to profitability in 2010."
To see more analyst ratings on TWPG Click Here.
Thomas Weisel Partners Group, Inc. (TWPG) is an investment bank focused principally on growth companies and growth investors.
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