Jefferies Downgrades Lubrizol (LZ) to Hold, Doesn't See Rival Bid

May 2, 2011 11:23 AM EDT
Get Alerts LZ Hot Sheet
Price: $5.62 -3.1%

Rating Summary:
    3 Buy, 11 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 6 | Down: 4 | New: 7
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Earlier, Jefferies downgraded Lubrizol (NYSE: LZ) from Buy to Hold saying with 6 weeks since Berkshire's $135/share takeover bid it is increasingly unlikely that a rival bid emerges.

For more ratings news on Lubrizol click here and for the rating history of Lubrizol click here.

Shares of Lubrizol closed at $135.02 yesterday.


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