MOST NOTEWORTHY: Eaton Vance (EV), American Woodmark (AMWD), Deutsche Bank (DB) and Talbots (TLB) were today's notable downgrades:
- JP Morgan cut Eaton Vance (NYSE: EV) to Underweight from Neutral on the significant drop in municipal bond performance and valuation.
- Raymond James cut American Woodmark (NASDAQ: AMWD) to Underperform from Market Perform following the weak Q1 report and guidance.
- Deutsche Bank (NYSE: DB) was downgraded to Neutral from Buy at Goldman based on valuation.
- Talbots (NYSE: TLB) was cut to Hold from Buy at Stifel following the weak Q2 report and guidance...
OTHER DOWNGRADES:
- Zumiez (NASDAQ: ZUMZ) was downgraded to Market Perform from Outperform at Piper Jaffray.
- JP Morgan cut Broadridge (NYSE: BR) to Neutral from Overweight.
- RBC Capital downgraded Tween Brands (NYSE: TWB) to Sector Perform from Outperform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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