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Analyst downgrades: CMCSA, ING, AZ and FNM

Posted Dec 5th 2007 12:10PM by Eric BuscemiEric Buscemi RSS Feed
Filed under: Analyst Upgrades and Downgrades


MOST NOTEWORTHY: Comcast, ING Group, Allianz AG and Fannie Mae were today's noteworthy downgrades:
  • Goldman downgraded Comcast Corp. (NASDAQ: CMCSA) to Neutral from Buy following the company's reduced 2007 guidance.
  • Merrill downgraded shares of ING Group (NYSE: ING) and Allianz AG (NYSE: AZ) to Neutral from Buy to reflect their more cautious view on the sector due to subprime mortgages spreads.
  • Piper lowered its rating on Fannie Mae (NYSE: FNM) to Neutral from Buy due to the lack of visibility regarding when credit losses will peak. Credit Suisse downgraded shares to Underperform from Neutral.
OTHER DOWNGRADES:

Tags: AZ, CMCSA, DAVE, DOWNGRADES, EMR, FNM, FRE, ING, RUTH

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Last updated: February 13, 2012: 01:51 AM

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