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Analyst downgrades: IVAC, SUN, UAUA, CAL, PVTB and POT

MOST NOTEWORTHY: Intevac, PrivateBancorp and Potash were today's noteworthy downgrades:
  • Intevac (NASDAQ: IVAC) was downgraded to Sell from Neutral. Piper downgraded Intevac citing delays in Gen2 upgrades following Q1 results.
  • Sandler downgraded PrivateBancorp (NASDAQ: PVTB) following its Q1 earnings results.
  • RBC Capital downgraded Potash (NYSE: POT), and advised taking some profits.
OTHER DOWNGRADES:
  • Soleil downgraded Sunoco (NYSE: SUN) based on weak East Coast refining margins and low marketing and chemical margins.
  • Calyon downgraded UAL (NASDAQ: UAUA) based on higher fuel costs and the failed merger with Continental (NYSE: CAL).

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Last updated: July 09, 2008: 08:33 AM

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