Analyst downgrades: KSWS, BJRI and F
Posted Apr 25th 2008 11:16AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Ford Motor (F), Raytheon Company (RTN)
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MOST NOTEWORTHY: K Swiss, BJ's Restaurants and Ford were today's noteworthy downgrades:
- Merrill expects the turnaround at K Swiss (NASDAQ: KSWS) to be difficult given weakening retail sales. Shares were downgraded to Sell from Neutral.
- Jefferies cut shares of BJ's Restaurants (NASDAQ: BJRI) to Hold from Buy due to the company's high relative exposure to the subprime mortgage markets.
- Ford (NYSE: F) was downgraded to Underperform from Peer Perform at Bear Stearns. The firm recommends taking some profits following the recent rally in shares. Shares were also cut to Neutral from Overweight at JP Morgan, citing valuation, and to Sell from Neutral at Merrill Lynch.
OTHER DOWNGRADES:
Tags: analyst, bjri, bjs, ddr, developers diversified realty, DevelopersDiversifiedRealty, downgrade, eastgroup, egp, f, ford, kswiss, ksws, raytheon, rtn, sl green realty, slg, SlGreenRealty
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Reader Comments (Page 1 of 1)
6-28-2008 @ 4:44PM
dpc2224 said...
Just say no to buying anything until this economy gets wings. Suggest preferred stock ...yields usually 5-8% or best yielding CDs (check internet for rates). Happy hunting.