BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Analyst downgrades: Regional banks, SBUX and MEDX]]>http://www.bloggingstocks.com/2007/12/11/analyst-downgrades-regional-banks-sbux-and-medx/http://www.bloggingstocks.com/2007/12/11/analyst-downgrades-regional-banks-sbux-and-medx/http://www.bloggingstocks.com/2007/12/11/analyst-downgrades-regional-banks-sbux-and-medx/#commentsFiled under: ,

MOST NOTEWORTHY: Regional banks, Starbucks and Medarex were today's noteworthy downgrades:
  • Keefe Bruette downgraded regional banks, including Cullen/Frost Bankers (NYSE:CFR) and Susquehanna Bancshares (NASDAQ:SUSQ) to Market Perform from Outperform and BB&T Corp (NYSE:BBT) to Underperform from Market Perform, on valuation and new economic baseline.
  • Goldman downgraded shares of Starbucks (NASDAQ:SBUX) to Neutral from Buy on U.S. competition and consumer demand concerns.
  • Bear lowered its rating on Medarex (NASDAQ:MEDX) to Peer Perform from Outperform
OTHER DOWNGRADES:
  • Morgan Stanley downgraded DeVry (NYSE:DV) to Equal Weight from Overweight.
  • B. Riley lowered Hill International (NASDAQ:HINT) to Neutral from Buy.
  • HSBC downgraded Nikon Corp (NINOY) to Underweight from Neutral.

Analyst downgrades: Regional banks, SBUX and MEDX originally appeared on BloggingStocks on Tue, 11 Dec 2007 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Analyst downgradesAnalystDowngradesBBT:SUSQCFRDVHINTMedarexMEDX:DrVryNINOYSBUXStarbucksTue, 11 Dec 2007 11:00:00 EST