Analyst downgrades 4-13-07: JBHT, LMT, LTD and MEDI downgraded today
Posted Apr 13th 2007 11:21AM by Kevin Shult
Filed under: Analyst upgrades and downgrades, Bad news, Lockheed Martin (LMT), Limited Brands (LTD), Hunt(J.B.) Transport (JBHT)
MOST NOTEWORTHY: Some of today's noteworthy downgrades were Medimmune Inc (MEDI), J.B. Hunt (JBHT), Lockheed Martin (LMT), Komag (KOMG) and Victor Corp (VICR):
- Freidman Billings cut Medimmune inc (NASDAQ: MEDI) to Market Perform from Outperform on valuation. Prudential downgraded shares to Neutral from Overweight and recommended investors take profits in the company.
- J.B. Hunt Transport Services Inc (NASDAQ: JBHT) was downgraded to Peer Perform from Outperform at Bear Stearns citing valuation.
- Lockheed Martin (NYSE: LMT) was removed from Goldman Sachs Conviction Buy List and prefers L-3 Communication (LLL) over the large-cap aerospace/defense company.
- Komag Inc (NASDAQ: KOMG) was downgraded to Sell from Neutral at American Technology as they believe industry fundamentals have weakened and that the Seagate (STX) preannouncement will increase pricing pressure.
OTHER DOWNGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, downgrade, dsl group, DslGroup, dspg, Hunt transport, HuntTransport, jbht, kei, keithley, komag, komg, limited, lmt, lockheed, ltd, mbwm, medi, medimmune, mercantile, rating, semitool, smtl, theflyonthewall.com
Heinz looking good after the second quarter?
Why isn't Bank of America updating its shareholders on CEO situation?
Will Rich Ross really have a positive impact on Disney's movie operations?
Reader Comments (Page 1 of 1)
4-16-2007 @ 6:07AM
Lou McFeron said...
Holders of LMT hang in there. Great things are coming.