Analyst downgrades: Morgan Stanley, Boardwalk Pipeline, Brasil Telecom


MOST NOTEWORTHY: Morgan Stanley, Boardwalk Pipeline and Brasil Telecom were today's noteworthy downgrades:
  • Oppenheimer downgraded Morgan Stanley (NYSE: MS) to Perform from Outperform based on limited upside to its revised earnings outlook.
  • RBC downgraded shares of Boardwalk Pipeline (NYSE: BWP) to Sector Perform from Outperform following the company's Q4 results, due to overruns and project delays.
  • Brasil Telecom (NYSE: BRP) was lowered to Neutral from Overweight at JP Morgan on corporate governance share concerns.
OTHER DOWNGRADES:
Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 09:46 PM

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