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Suddenly, Amazon Doesn't Love Its Moms Anymore
MOST NOTEWORTHY: Sabre Holdings was the sole notable downgrade today.- The travel commerce company, Sabre Holdings (NYSE: TSG), was downgraded to Sell from Buy at Soleil Securities after they agreed to be bought by Texas Pacific and Silver Lake Partners, two private equity firms, for ~$5 billion.
- Telik Inc. (NASDAQ: TELK) was downgraded to Sell from Buy at Stifel following the disappointing ASSIST data.
- Movado Group (NASDAQ: MOV) was downgraded to Sell from Hold at Matrix USA, citing valuation.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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