Matrix USA Research Downgrades Stride Rite Corp (SRR) to Hold

May 25, 2007 9:12 AM EDT

Matrix USA Research downgrades Stride Rite Corp (NYSE: SRR) from Buy to Hold.

Matrix analyst says, "We believe SRR shareholders are being reasonably compensated based on our Intrinsic Value Calculation of $21 per share, and we recommend investors take profits."


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