Analyst downgrades: IRF, WOSLY and PLD

Sign Up | Log In | What is SocialPicks?

Analyst downgrades: IRF, WOSLY and PLD
Jun 20, 2008 11:20 AM UTC

Eric Buscemi

Return	Risk
+0.00%	N/A

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
PLD	n/a
IRF	n/a
SYMC	n/a
FTBK	n/a
PPO	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades

MOST NOTEWORTHY: International Rectifier, Wolseley and ProLogis were today's noteworthy downgrades:

Citigroup downgraded shares of International Rectifier (NYSE: IRF) to Sell from Hold after checks in Asia indicated LCD TV display weakness outside Sony/Samsung and signs of slowing China consumer demand.

Morgan Stanley downgraded shares of Wolseley (OTC: WOSLY) to Underweight from Equal Weight to reflect a more negative outlook for the company's Nordic business and U.S. housing starts.

Banc of America cut ProLogis (NYSE: PLD) to Neutral from Buy on long-term growth concerns given the economic slowdown.

OTHER DOWNGRADES:

Polypore International (NYSE: PPO) was lowered to Neutral from Overweight at JP Morgan.

Symantec (NASDAQ: SYMC) was downgraded to Market Perform from outperform at Friedman Billings.

Frontier Financial (NASDAQ: FTBK) was downgraded to Underperform from Market Perform at Keefe Bruyette.

Permalink | Email this | Comments

<map name="google_ad_map_145-1231744"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1231744?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Permalink | Email this | Comments<map name="google_ad_map_145-1231744"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1231744?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>

Permalink | Email this | Comments

<map name="google_ad_map_145-1231744"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1231744?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>