Analyst downgrades: Golar LNG, Yingli Green Energy, Bill Barrett Corp.
Posted Feb 27th 2008 11:52AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades
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MOST NOTEWORTHY: Golar LNG, Yingli Green Energy and Bill Barrett were today's noteworthy downgrades:
- Jefferies downgraded shares of Golar LNG (NASDAQ: GLNG) to Hold from Buy on valuation, as they see limited upside over the next 12 months.
- Banc of America downgraded shares of Yingli Green Energy (NYSE: YGE) to Neutral from Buy on difficult fundamentals, as they believe solar industry gross margins will continue to contract due to silicon competition and decelerating demand in Spain and Germany.
- SunTrust lowered Bill Barrett Corporation (NYSE: BBG) to Neutral from Buy based on valuation and lack of near-term exploration catalysts.
OTHER DOWNGRADES:
Tags: adsk, analyst, autodesk, bbg, bill barrett, BillBarrett, boardwalk pipeline, BoardwalkPipeline, bwp, downgrade, glng, golar, oke, oneok, yge, yingli
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