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MOST NOTEWORTHY: Sigma Designs, Sky West and UBS AG were today's noteworthy downgrades:
  • Sigma Designs (NASDAQ: SIGM) was lowered to Neutral from Outperform at Baird citing checks that indicate a more muted revenue outlook in 1H08 vs. 2H07.
  • Soleil downgraded shares of Sky West (NASDAQ: SKYW) to Hold from Buy to reflect the high-fuel-price environment and headwinds from the legacy carrier consolidation.
  • Bear Stearns downgraded UBS (NYSE: UBS) to Peer Perform from Outperform on concerns of further subprime write-downs.
OTHER DOWNGRADES:
  • Dresdner Kleinwort downgraded Credit Suisse (NYSE: CS) to Hold from Buy.
  • Morgan Joseph lowered Superior Essex (NASDAQ: SPSX) to Hold from Buy.
  • Bed Bath & Beyond (NASDAQ: BBBY) was downgraded to Underperform from Market Perform at Morgan Keegan.

Analyst downgrades: SIGM, SKYW and UBS originally appeared on BloggingStocks on Tue, 19 Feb 2008 11:25:00 EST. Please see our terms for use of feeds.

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