Macquarie Cuts The Shaw Group (SHAW) to Underperform Following Q3 Results

July 11, 2012 11:28 AM EDT Send to a Friend
Get Alerts SHAW Hot Sheet
Price: $47.61 --0%

Rating Summary:
    5 Buy, 5 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
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An analyst at Macquarie downgraded The Shaw Group (NYSE: SHAW) from Neutral to Underperform Wednesday morning. The lowered recommendation comes on the heels of Q3 results from the company Tuesday morning.

Shares of Shaw fell more than 9 percent Tuesday, and are continuing lower this morning. The stock last traded at $25.76.

For an analyst ratings summary and ratings history on The Shaw Group click here. For more ratings news on The Shaw Group click here.


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