UPDATE - Gabelli Downgraded Owens & Minor (OMI) to Hold; 2013 Becoming Cloudy

February 8, 2012 12:58 PM EST
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Price: $2.80 --0%

Rating Summary:
    2 Buy, 10 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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UPDATE - Gabelli downgraded Owens & Minor (NYSE: OMI) from Buy to Hold.

Analyst, Jeff Jonas, said, "We are downgrading our recommendation to a HOLD: 2012 will see modest improvement for OMI but it is unclear if 2013 will see a return to historical earnings growth, given the margin pressure from GPO contract renewals and the continued growth of IDN’s."

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