Analyst downgrades: MDRX, SPPR, CEPH, LLNW and FIF
Posted Nov 9th 2007 11:10AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades
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MOST NOTEWORTHY: Allscripts, Supertel Hospitality, Cephalon, Limelight Networks and Financial Federal were today's noteworthy downgrades:
- Allscripts (NASDAQ: MDRX) was downgraded to Neutral from Outperform at JP Morgan following its weak Q3 results and guidance.
- Supertel Hospitality (NASDAQ: SPPR) was downgraded to Neutral from Outperform at Baird and to Market Perform from Outperform at JMP Securities following its disappointing Q3 report.
- JMP securities downgraded Cephalon (NASDAQ: CEPH) to Market Outperform from Strong Buy citing uninspiring Q3 revenue growth.
- Friedman Billings downgraded Limelight Networks (NASDAQ: LLNW) to Market Perform from Outperform citing the tough pricing environment, competition, and upcoming IPO lockup expiration on 12/5.
- The firm also downgraded shares of Financial Federal (NYSE: FIF) to Underperform from Market Perform, as they expect the company to be impacted substantially from the slowing economy.
OTHER DOWNGRADES:
Tags: allscripts, analyst, cb richard ellis, cbg, CbRichardEllis, ceph, cephalon, downgrade, fif, financial federal, FinancialFederal, finisar, fnsr, hdix, home diagnostics, HomeDiagnostics, jll, jones lang lasalle, JonesLangLasalle, limelight, llnw, mdrx, rpm, sppr, supertel
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