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Meritor (MTOR) Shares Fall as Avondale Downgrade Weighs

April 20, 2012 1:34 PM EDT
Get Alerts MTOR Hot Sheet
Price: $36.50 --0%

Rating Summary:
    5 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Meritor (NYSE: MTOR) shares are getting whacked Friday following an earlier downgrade from Avondale's Kristine Kubacki. The stock last traded at $6.43, down nearly 6 percent from Thursday's close.

Kubacki now rates Meritor shares a Market Perform, down from Market Outperform previously. The analyst's price target was reduced by almost 47 percent from $15 to $8.

For an analyst ratings summary and ratings history on Meritor click here. For more ratings news on Meritor click here.


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