MOST NOTEWORTHY: Kohl's (NYSE:KSS) and Juniper Networks (NASDAQ:JNPR) were today's most notable downgrades:
- Kohl's was downgraded to Neutral from Outperform at Robert W Baird due to difficult comps, less benefit from key 2006 drivers and warmer weather.
- Juniper Networks was downgraded to Sector Performer from Sector Outperformer at CIBC World Markets as there is limited share upside due to competition from the Redback Networks (NASDAQ:RBAK) /Ericsson (NASDAQ:ERIC) combination and a reduced possibility of an acquisition premium.
OTHER DOWNGRADES:
- Panacos Pharmaceuticals (NASDAQ:PANC) was downgraded at Bear Stearns, Think Equities, RBC Capital Markets, Leerink Swann and Caris & Co. after the company released disappointing Phase II Bevirmat data.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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MOST NOTEWORTHY: Legg Mason, Panacos Pharma and PepsiAmericas were today's noteworthy upgrades:
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