.gif)
MOST NOTEWORTHY: Golar LNG, Yingli Green Energy and Bill Barrett were today's noteworthy downgrades:
- Jefferies downgraded shares of Golar LNG (NASDAQ: GLNG) to Hold from Buy on valuation, as they see limited upside over the next 12 months.
- Banc of America downgraded shares of Yingli Green Energy (NYSE: YGE) to Neutral from Buy on difficult fundamentals, as they believe solar industry gross margins will continue to contract due to silicon competition and decelerating demand in Spain and Germany.
- SunTrust lowered Bill Barrett Corporation (NYSE: BBG) to Neutral from Buy based on valuation and lack of near-term exploration catalysts.
OTHER DOWNGRADES:
Closing Bell: Can't go up every day (BAC, HE, HPW, COMS, BRCD, WMT, AMD)
Wal-Mart grows profit and cash flow in Q3, but comps still ailing
Chasing Value: Ten stocks for 2010 -- Part 2
