Analyst downgrades: Lloyds TSB Group, OmniVision, National Instruments

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Analyst downgrades: Lloyds TSB Group, OmniVision, National Instruments
May 28, 2008 12:00 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
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LYG	n/a
EXC	n/a
PAC	n/a
AFLYY	n/a
NATI	n/a
OVTI	n/a

Via BloggingStocks:

Filed under: Analyst upgrades and downgrades

MOST NOTEWORTHY: Lloyds TSB Group, OmniVision and National Instruments were today's noteworthy downgrades:

Credit Suisse downgraded shares of Lloyds TSB Group (NYSE: LYG) to Underperform from Neutral as they see greater mortgage risk and capital issues.

Oppenheimer cut OmniVision (NASDAQ: OVTI) to Perform from Outperform to reflect challenging conditions in the low-end Chinese handset market.

Thomas Weisel downgraded shares of National Instruments (NASDAQ: NATI) to Market Weight from Overweight as they expect EPS growth as operating margins approach cyclical peaks.

OTHER DOWNGRADES:

Air France-KLM (OTC: AFLYY) was cut to Hold from Buy at Citigroup and to Neutral from Buy at Merrill.

Exelon (NYSE: EXC) and Edenor (NYSE: EDN) were both downgraded at Citigroup to Hold from Buy.

Goldman lowered Grupo Aeroportuario del Pacifico (NYSE: PAC) to Neutral from Buy.

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