Analyst downgrades: MOT, WSM, GT, POT and SNCR
Posted Apr 28th 2008 11:11AM by Laurie Pasternack
Filed under: Analyst reports, Analyst upgrades and downgrades, Motorola (MOT), Goodyear Tire and Rubber (GT)
.gif)
MOST NOTEWORTHY: Motorola, Williams-Sonoma and Synchronoss were today's noteworthy downgrades:
- Thomas Weisel downgraded Motorola Inc (NYSE: MOT) to Market Weight from Overweight based on the general uncertainty in the company's core markets and the likelihood that the spin off may not occur for several quarters.
- Piper believes Williams-Sonoma Inc (NYSE: WSM) faces a challenging environment, and their checks reveal weakness at Pottery Barn. Shares were cut to Neutral from Buy.
- ThinkPanmure downgraded Synchronoss Technologies Inc (NASDAQ: SNCR) to Accumulate from Buy. The firm expects a strong Q1 report but expects shares to sell-off following the Q1 conference call due to modest guidance and the lack of a major customer win announcement.
OTHER DOWNGRADES:
Tags: Bank of Nova Scotia, BankOfNovaScotia, BNS, downgrades, Goodyear Tire, GoodyearTire, GT, inthenews, MOT, Motorola, POT, Potash, SNCR, Synchronoss, Williams-Sonoma, WSM
Related Posts
Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.
When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br> tags.
The Wal-Mart Weekly: Examining shareholder resolutions, Part 2
Earnings expectations for JC Penney, Nordstrom, Macy's, Abercrombie and others
Comfort Zone Investing: Financial stocks: Is the worst over yet?
