Analyst downgrades 4-17-07: CKFR, JDSA, MEDI and S all downgraded today
Posted Apr 17th 2007 11:01AM by Kevin Shult
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Sprint Nextel Corp (S), Jones Soda (JSDA), Apollo Investment (AINV)
MOST NOTEWORTHY: CheckFree Corp (CKFR), Sprint Nextel Corp (S) and the semiconductor capital equipment sector were some of today's more noteworthy downgrades:
OTHER DOWNGRADES:
- ThinkEquity cut Jones Soda Co (NASDAQ: JSDA) to Source of Funds from Buy based on valuation.
- Goldman is now cautious on the biofuel sector, downgrading the group to Cautious from Neutral.
- William Blair downgraded shares of Medimmune, Inc (NASDAQ: MEDI) to Market Perform from Outperform.
- Credit Suisse downgraded shares of Big 5 Sporting Goods Corp (NASDAQ: BGFV) to Underperform from Neutral citing valuation.
- Wachovia dropped Inkeepers USA Trust (NYSE: KPA) to Underperform from Outperform based on the acquisition from Apollo Investment Corp (AINV). Citigroup cut Inkeepers to Hold from Buy.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Tags: ainv, analyst, apollo, bgfv, Big 5, Big5, biofuel, checkfree, ckfr, cscd, downgrade, egls, electroglas, inkeepers, jones soda, JonesSoda, jsa, jsda, kpa, medi, medimmune, microtech, nextel, novellus, nvls, rating, sprint, ter, teradyne, theflyonthewall.com
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