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Raymond James Downgrades Avanex (AVNXD) to Underperform

August 22, 2008 12:07 PM EDT
AVNXD Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Raymond James downgrades Avanex (Nasdaq: AVNXD) from Strong Buy to Underperform.

Avanex Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of fiber optic-based products.

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