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Thursday, April 28, 2011

Analysts Downgrade (TER) (TRAD) (URBN) (WPI)

Analysts downgraded Teradyne, Inc. (NYSE: TER), TradeStation Group, Inc. (NASDAQ: TRAD), Urban Outfitters, Inc. (NASDAQ: URBN) and Watson Pharmaceuticals Incorporated (NYSE: WPI) today.

Piper Jaffray downgraded Teradyne, Inc. (TER) from an “overweight” rating to a “neutral” rating. They have a price target of $18 on the company, down from $24.

Macquarie downgraded TradeStation Group, Inc. (TRAD) from an “outperform” rating to a “neutral” rating.

William Blair downgraded Urban Outfitters, Inc. (URBN) from an “outperform” rating to a “market perform” rating.

Wells Fargo & Co. (NYSE: WFC) downgraded Watson Pharmaceuticals Incorporated (WPI) from an “outperform” rating to a “market perform” rating.

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