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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Analyst downgrades: ABT, BCS, SNDK, MSW and TXN]]></title><link>http://www.bloggingstocks.com/2007/10/11/analyst-downgrades-abt-bcs-sndk-msw-and-txn/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/10/11/analyst-downgrades-abt-bcs-sndk-msw-and-txn/</guid><comments>http://www.bloggingstocks.com/2007/10/11/analyst-downgrades-abt-bcs-sndk-msw-and-txn/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/analyst-reports/" rel="tag">Analyst Reports</a>, <a href="http://www.bloggingstocks.com/category/analyst-upgrades-and-downgrades/" rel="tag">Analyst Upgrades and Downgrades</a>, <a href="http://www.bloggingstocks.com/category/abt/" rel="tag">Abbott Laboratories (ABT)</a>, <a href="http://www.bloggingstocks.com/category/txn/" rel="tag">Texas Instruments (TXN)</a>, <a href="http://www.bloggingstocks.com/category/bcs/" rel="tag">Barclays plc ADS (BCS)</a>, <a href="http://www.bloggingstocks.com/category/sndk/" rel="tag">SanDisk Corp (SNDK)</a>, <a href="http://www.bloggingstocks.com/category/bni/" rel="tag">Burlington Northern Santa Fe (BNI)</a></p><strong><a href="http://www.theflyonthewall.com/splashPage.php?source=AOL"><img vspace="4" hspace="4" border="1" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2007/10/fly-logo-(aol).gif" /></a>MOST NOTEWORTHY:</strong> Abbott Labs, Barclays, SanDisk, Mission West Properties and Texas Instruments were today's noteworthy downgrades:<br />
<ul>
    <li>Wachovia downgraded shares of <a href="http://finance.aol.com/quotes/abbott-laboratories/abt/nys">Abbott Labs</a> (NYSE: <a href="http://finance.aol.com/quotes/abbott-laboratories/abt/nys">ABT</a>) to Market Perform from Outperform reflect several challenges to the company's key franchises. In particular, Wachovia cites the potential delay of the drug-eluting stent Xience launch in the U.S. and decelerating growth of Humira. <br /></li>
    <li>ABN Amro downgraded shares of <a href="http://finance.aol.com/quotes/barclays-plc-adr/bcs/nys">Barclays</a> (NYSE: <a href="http://finance.aol.com/quotes/barclays-plc-adr/bcs/nys">BCS</a>) to Hold from Buy to reflect the capital markets, lower UK bank non-interest income and higher bad debts. <br /></li>
    <li>Oppenheimer downgraded shares of <a href="http://finance.aol.com/quotes/sandisk-corporation/sndk/nas">SanDisk Corporation</a> (NASDAQ: <a href="http://finance.aol.com/quotes/sandisk-corporation/sndk/nas">SNDK</a>) to Neutral from Buy as they expect many of the advantages that drove shares to unwind in Q4 and into 1H08. <br /></li>
    <li><a href="http://finance.aol.com/quotes/mission-west-properties-inc/msw/ase">Mission West Properties</a> (NYSE: <a href="http://finance.aol.com/quotes/mission-west-properties-inc/msw/ase">MSW</a>) was downgraded to Hold from Buy at Stifel, as they now believe the possibility of a sale is 50%/50% and could be pushed back to 1H08. <br /></li>
    <li>Think Equity downgraded shares of <a href="http://finance.aol.com/quotes/texas-instruments-incorporated/txn/nys">Texas Instruments</a> (NYSE: <a href="http://finance.aol.com/quotes/texas-instruments-incorporated/txn/nys">TXN</a>) to Source of Funds from Accumulate as they believe competition could hinder Q4 and 2008 growth for wireless.</li>
</ul>
<strong>OTHER DOWNGRADES:</strong><br />
<ul>
    <li>Citigroup downgraded <a href="http://finance.aol.com/quotes/xyratex-ltd-common-shares/xrtx/nas">Xyratex Ltd</a> (NASDAQ: <a href="http://finance.aol.com/quotes/xyratex-ltd-common-shares/xrtx/nas">XRTX</a>) and <a href="http://finance.aol.com/quotes/valueclick-inc/vclk/nas">Valueclick</a> (NASDAQ: <a href="http://finance.aol.com/quotes/valueclick-inc/vclk/nas">VCLK</a>) to Hold from Buy. <br /></li>
    <li>Piper downgraded <a href="http://finance.aol.com/quotes/nasdaq-stock-market-inc-the/ndaq/nas">Nasdaq Stock Market</a> (NASDAQ: <a href="http://finance.aol.com/quotes/nasdaq-stock-market-inc-the/ndaq/nas">NDAQ</a>) to Market Perform from Outperform. <br /></li>
    <li>Lehman downgraded <a href="http://finance.aol.com/quotes/burlington-northern-santa-fe-corporation/bni/nys">Burlington Northern Santa Fe Corp</a> (NYSE: <a href="http://finance.aol.com/quotes/burlington-northern-santa-fe-corporation/bni/nys">BNI</a>) to Equal Weight from Overweight and <a href="http://finance.aol.com/quotes/csx-corporation/csx/nys">CSX Corporation</a> (NYSE: <a href="http://finance.aol.com/quotes/csx-corporation/csx/nys">CSX</a>) to Underweight from Equal Weight. <br /></li>
    <li>UBS downgraded <a href="http://finance.aol.com/quotes/molson-coors-brewing-company/tap/nys">Molson Coors</a> (NYSE: <a href="http://finance.aol.com/quotes/molson-coors-brewing-company/tap/nys">TAP</a>) to Neutral from Buy.</li>
</ul><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/10/11/analyst-downgrades-abt-bcs-sndk-msw-and-txn/">Analyst downgrades: ABT, BCS, SNDK, MSW and TXN</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Thu, 11 Oct 2007 11:10:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2007/10/11/analyst-downgrades-abt-bcs-sndk-msw-and-txn/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1010789/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/10/11/analyst-downgrades-abt-bcs-sndk-msw-and-txn/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>abbott</category><category>abt</category><category>analyst</category><category>barclays</category><category>bcs</category><category>bni</category><category>burlington northern santa fe</category><category>BurlingtonNorthernSantaFe</category><category>csx</category><category>downgrade</category><category>mission west</category><category>MissionWest</category><category>molson coors</category><category>MolsonCoors</category><category>msw</category><category>nasdaq</category><category>ndaq</category><category>sandisk</category><category>sndk</category><category>tap</category><category>texas instruments</category><category>TexasInstruments</category><category>txn</category><category>valueclick</category><category>vclk</category><category>xrtx</category><category>xyratex</category><dc:creator><![CDATA[Eric Buscemi]]></dc:creator><pubDate>Thu, 11 Oct 2007 11:10:00 EST</pubDate></item></channel></rss>
