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Analyst downgrades: UEIC, BMR and AHCI

MOST NOTEWORTHY: Universal Electronics, BioMed Realty Trust and Allied Healthcare were today's noteworthy downgrades:
  • Deutsche Bank downgraded Universal Electronics (NASDAQ: UEIC) to Hold from Buy following the company's disappointing guidance.
  • Baird downgraded shares of BioMed Realty Trust (NYSE: BMR) to Neutral from Outperform and lowered their target to $26 as they believe shares are fairly valued.
  • Allied Healthcare (NASDAQ: AHCI) was cut to Market Perform from Outperform at Friedman Billings following the lower-than-expected Q1 results.
OTHER DOWNGRADES:

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DJIA+21.4111,370.69
NASDAQ+30.422,310.53
S&P 500+5.221,257.76

Last updated: July 26, 2008: 08:39 PM

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