Analyst downgrades: APPB, NT, NTAP and SAM
Posted Aug 3rd 2007 10:54AM by Kevin Shult
Filed under: Analyst reports, Analyst upgrades and downgrades, Bad news, Nortel Networks (NT), Stocks to Sell
MOST NOTEWORTHY: CheckFree (CKFR), Talbots (TLB), SPSS Inc (SPSS), Network Appliance (NTAP) and Pozen Inc (POZN) were today's noteworthy downgrades:
- Following FiServ's (NASDAQ: FISV) acquisition of CheckFree, Raymond James cut CKFR shares to Market Perform from Strong Buy and Baird downgraded shares to Neutral from Outperform.
- Talbots (NYSE: TLB) was cut to Sell from Hold at Citigroup based on valuation, continued earnings disappointments, and a lack of earnings visibility.
- Cowen downgraded shares of SPSS Inc (NASDAQ: SPSS) to Underperform from Neutral citing decelerating growth and poor earnings quality.
- Bear Stearns cut Network Appliance (NASDAQ: NTAP) to Underperform from Peer Perform on the negative Q1 pre-announcement. Pacific Crest downgraded shares to Sector Perform from Outperform.
- After Pozen (NASDAQ: POZN) received a second approvable letter for Trexima, shares were downgraded by three firms:
- To Neutral from Strong Buy at First Albany
- To Hold from Buy at Jefferies and Lazard...
OTHER DOWNGRADES:
- Thomas Weisel downgraded Nortel Networks (NYSE: NT) to Market Weight from Overweight.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Tags: analyst, appb, applebee, boston beer, BostonBeer, checkpoint, chkp, clorox, downgrade, fiserv, fisv, lux, luxottica, network appliance, NetworkAppliance, nortel, nt, pozen, pozn, rating, sam, spss, stap, talbot, tlb
Once again, OPEC has killed the goose that lays the golden egg
Closing Bell: Markets bounce after yesterday's sell-off; BA, F, GE, DOW all up, GS down 
Where have all the consumers gone?
Reader Comments (Page 1 of 1)
8-03-2007 @ 11:26AM
Jeff said...
Am I blind or are you just throwing in AAPL whenever, just for readership? Nothing on AAPL is listed here.
8-03-2007 @ 11:28AM
Jeff said...
oh ok, you edited it. Now everyone thinks I'm blind. I have one of those computer keyboards like in the movie Sneakers.
8-03-2007 @ 11:33AM
kevin said...
Thank you for pointing this out to me jbloker. I have fixed the listing.
8-03-2007 @ 12:21PM
Scott said...
The title of the article it wrong on google search. AAPL wasn't downgraded, it was AAPB
Analyst downgrades 8-03-07: AAPL, NT, NTAP and SAM
Blogging Stocks - 1 hour ago
Following FiServ's (NASDAQ: FISV) acquisition of CheckFree, Raymond James cut CKFR shares to Market Perform from Strong Buy and Baird downgraded shares to ...
FISV - NTAP