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Analyst downgrades: Lloyds TSB Group, OmniVision, National Instruments

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MOST NOTEWORTHY: Lloyds TSB Group, OmniVision and National Instruments were today's noteworthy downgrades:

  • Credit Suisse downgraded shares of Lloyds TSB Group (NYSE: LYG) to Underperform from Neutral as they see greater mortgage risk and capital issues.
  • Oppenheimer cut OmniVision (NASDAQ: OVTI) to Perform from Outperform to reflect challenging conditions in the low-end Chinese handset market.
  • Thomas Weisel downgraded shares of National Instruments (NASDAQ: NATI) to Market Weight from Overweight as they expect EPS growth as operating margins approach cyclical peaks.

OTHER DOWNGRADES:

Symbol Lookup
IndexesChangePrice
DJIA+23.8110,457.52
NASDAQ+5.562,174.74
S&P 500+3.041,108.69

Last updated: November 25, 2009: 12:38 PM

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