Analyst downgrades: MOT, WSM, GT, POT and SNCR


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:
Symbol Lookup
IndexesChangePrice
DJIA-1.6712,502.81
NASDAQ-8.132,839.08
S&P 500+0.641,316.63

Last updated: May 23, 2012: 04:13 AM

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