Raymond James Downgrades Scotts Miracle-Gro (SMG) to Market Perform

May 6, 2008 11:50 AM EDT

Raymond James downgrades Scotts Miracle-Gro (NYSE: SMG) from Strong Buy to Market Perform.
After the close, Scotts Miracle-Gro reported mixed Q1 results and guided full year estimates below the street. Shares of SMG are down 8% today.


The Scotts Miracle-Gro Company, together with its subsidiaries, engages in the manufacture, marketing, and sale of lawn and garden care products in North America and the European Union.


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