Analyst downgrade 6-20-07: BBY, BUD, MRK and SLB
Posted Jun 20th 2007 11:34AM by Kevin Shult
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Schlumberger Limited (SLB), Anheuser-Busch Cos (BUD), Best Buy (BBY), Merck and Co (MRK)
MOST NOTEWORTHY: Linear Technology Corp (LLTC), Anheuser-Busch (BUD), Best Buy (BBY), Bankrate (RATE) and Ensco International (ESV) were today's more noteworthy downgrades:
- Goldman said Best Buy's (NYSE: BBY) fundamentals remain at risk after the Q1 report and cut shares to Neutral from Buy...
OTHER DOWNGRADES:
- Merck & Co (NYSE: MRK) was cut to Market Perform from Outperform at Raymond James.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Tags: analyst, anheuser, bankrate, bby, best buy, BestBuy, bud, color kinetics, ColorKinetics, downgrade, ensco, esv, linear, lltc, maxwell, merck, mrk, mxwl, occidental, oxy, rate, rating, schlumberger, slb, theflyonthewall.com