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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.
OTHER DOWNGRADES:
  • 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).

Analyst downgrades 12-26-06: Sabre Holdings, Telik & Movado all to sell originally appeared on BloggingStocks on Tue, 26 Dec 2006 12:19:00 EST. Please see our terms for use of feeds.

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