BofA/Merrill Lynch Downgrades Intelsat S.A (I) to Neutral

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Nomura Securities Downgrades Intelsat S.A (I) to Neutral

February 23, 2015 7:45 AM EST

Nomura Securities downgraded Intelsat S.A (NYSE: I) from Buy to Neutral with a price target of $13.00 (from $26.00).

Analyst Roshan Ranjit comments, "Last week Intelsat issued its 2015 outlook that reflected a number of uncertainties and, in our view, areas of caution.... More