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

Posted Apr 29th 2008 12:28PM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, UAL Corp (UAUA), Potash Corp. of Saskatchewan (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).

Tags: analyst, downgrade, intevac, inthenews, ivac, pot, potash, privatebancorp, pvtb, sun, sunoco, ual, uaua