Downgrades
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Caris & Co. downgraded Viacom (NASDAQ: VIA) from Buy to Above Average, price target lowered from $58 to $56.
For an analyst ratings summary and ratings history on Viacom click here. For more ratings news on Viacom click here.
Shares of Viacom closed at $52.87 yesterday, with a 52 week range of $44.10-$60.90.
Tudor Pickering downgraded Cabot Oil & Gas (NYSE: COG) from Buy to Accumulate.
For an analyst ratings summary and ratings history on Cabot Oil & Gas click here. For more ratings news on Cabot Oil & Gas click here.
Shares of Cabot Oil & Gas closed at $35.07 yesterday, with a 52 week range of $28.84-$90.00.
Tudor Pickering downgraded Petrobras (NYSE: PBR) from Buy to Accumulate.
For an analyst ratings summary and ratings history on Petrobras click here. For more ratings news on Petrobras click here.
Shares of Petrobras closed at $19.25 yesterday, with a 52 week range of $18.97-$35.10.
Wedbush downgraded Maxwell Technologies (NASDAQ: MXWL) from Outperform to Neutral, price target slashed from $20 to $8.
Analyst, Craig Irwin, said, "Downgrading shares of Maxwell to NEUTRAL on indications of elevated competitive and supply chain risks that we believe are no longer consistent with a more constructive recommendation...Industry sources indicate Lishen has been selling Lishen-branded UCaps and modules directly to Chinese customers in Wind and other markets, which we believe goes around the spirit of the original outsourcing agreement with Maxwell...Checks indicate limited potential for a near-term Stop-Start announcement."
Wedbush cuts FY12 EPS estimate from $0.45 to $0.27 and FY13 from $0.65 to $0.38.
For an analyst ratings summary and ratings history on Maxwell Technologies click here. For more ratings news on Maxwell Technologies click here.
Shares of Maxwell Technologies closed at $7.91 yesterday, with a 52 week range of $7.60-$21.49.
JPMorgan downgraded Heinz (NYSE: HNZ) from Overweight to Neutral.
For an analyst ratings summary and ratings history on Heinz click here. For more ratings news on Heinz click here.
Shares of Heinz closed at $53.55 yesterday, with a 52 week range of $48.17-$55.48.
More Downgrades
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KeyBanc Downgrades Lululemon Athletica Inc. (LULU) to Hold; Valuation Call & Slight Concern of U.S. Slowdown
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Jefferies Downgrades Heinz (HNZ) to Hold
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Barclays on U.S. REITs: Best Ideas List: Adding HPP; Removing ARE
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UPDATE: UBS Downgrades Wisconsin Energy (WEC) to Neutral; Taking Some Off The Table
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Goldman Sachs Downgrades Raytheon (RTN) to Sell; Risk To Back-End Loaded 2012
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Goldman Sachs Downgrades General Dynamics Corp. (GD) to Sell; Gulfstream Risk
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Northcoast Cuts A. Schulman (SHLM) to Neutral
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CapitalOne Downgrades Cabot Oil & Gas (COG) to Neutral
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JPMorgan Downgrades RailAmerica Inc. (RA) to Neutral
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Oppenheimer Downgrades Ituran Location & Control (ITRN) to Perform
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UPDATE: UBS Downgrades Wisconsin Energy (WEC) to Neutral; Taking Some Off The Table
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BMO Capital Downgrades Human Genome Sciences (HGSI) to Market Perform
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Brean Murray Carret & Co. Downgrades NetApp (NTAP) to Hold; Visibility Challenged
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Societe Generale Downgrades Baker Hughes (BHI) to Hold
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Morgan Stanley Downgrades Green Dot (GDOT) to Equalweight
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Capstone Downgrades Alere (ALR) as Triage Recall Begins
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Raymond James Cuts Nasdaq (NDAQ) to Market Perform as Facebook Debacle Weighs
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Craig-Hallum Downgrades Ariba (ARBA) to Sell
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Mizuho Securities Downgrades Dell (DELL) to Neutral
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Jefferies Downgrades FirstEnergy Corp. (FE) to Underperform
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Goldman Sachs Downgrades Ariba (ARBA) to Neutral After Buyout
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Canaccord Genuity Downgrades Mercer International (MERC) to Hold
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JPMorgan Downgrades America Movil (AMX) to Neutral
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Deutsche Bank Downgrades Nasdaq OMX Group Inc. (NDAQ) to Hold; Upgrading ICE on Lowered Expectations, Higher Volumes
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Deutsche Bank Downgrades Patriot Coal (PCX) to Hold; Uncertainty of Financing Arrangements
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BofA/Merrill Lynch Downgrades Pearson PLC (PSO) to Neutral
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Guggenheim Initiates Coverage on Several Oil & Gas Drilling & Exploration Stocks; Upgrades DO & ESV, Lowers RDC
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Caris & Co. Downgrades Collective Brands (PSS) to Average
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Credit Agricole Downgrades Baker Hughes (BHI) Two Notches to 'Underperform'
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Guggenheim Downgrades Rowan Companies (RDC) to Neutral
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Sterne Agee Downgrades Assurant (AIZ) to Underperform
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Raymond James Downgrades Charles Schwab Corp. (SCHW) to Market Perform
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BMO Capital Downgrades Newfield Exploration (NFX) to Market Perform
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BMO Capital Downgrades GeoResources (GEOI) to Market Perform
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Lazard Capital Downgrades ABIOMED (ABMD) to Neutral
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Lazard Capital Downgrades Cyberonics (CYBX) to Neutral
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JMP Securities Downgrades Cooper Industries (CBE) to Market Perform
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KeyBanc Downgrades Knight Transportation (KNX) to Hold; Being More Selective in Trucking Sector
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Piper Jaffray Downgrades Lowe's (LOW) to Neutral
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FBR Capital Downgrades Redwood Trust (RWT) to Underperform
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FBR Capital Downgrades Cooper Industries (CBE) to Market Perform
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Wells Fargo Downgrades Devon Energy (DVN) to Market Perform; Lacks A Niche
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KeyBanc Downgrades Cooper Industries (CBE) to Hold; Acquired By Eaton (ETN) for $72/Share; Look To AYI
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Piper Jaffray Downgrades Cooper Industries (CBE) to Neutral
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Piper Jaffray's Munster Downgrades Yahoo! (YHOO) to Neutral
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Evercore Cuts JPMorgan (JPM) to Equal Weight, Price Target Reduced to $37
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Avondale Partners Downgrades Sun Healthcare Group (SUNH) to Market Perform
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UPDATE: UBS Downgrades Avon Products (AVP) to Sell; Still Cautious Even After Sell Off
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UPDATE: UBS Downgrades Avon Products (AVP) to Sell; Still Cautious Even After Sell Off
