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Friday, April 29, 2011

Ratings of (TAL) (TRLG) (RIMM) (TRMB) (SPWRA) Downgraded

Analysts downgraded ratings of TAL International Group, Inc. (NYSE: TAL), True Religion Apparel, Inc. (NASDAQ: TRLG), Research In Motion (NASDAQ: RIMM), Trimble Navigation (NASDAQ: TRMB) and SunPower Co. (NASDAQ: SPWRA) today.

Jefferies (NYSE:JEF) downgraded Research In Motion (RIMM) to an “underperform” rating. They have a price target of $35.00 on the company.

Wunderlich downgraded SunPower Co. (SPWRA) from a “hold” rating to a “sell” rating.

Robert W. Baird downgraded TAL International Group, Inc. (TAL) from an “outperform” rating to a “neutral” rating. They have a price target of $42.00 on the company, up from $40.00.

Standpoint Research downgraded shares of True Religion Apparel, Inc. (TRLG) from a “buy” rating to a “hold” rating. They cited valuation as the catalyst behind the call.

Piper Jaffray (NYSE:PJC) downgraded Trimble Navigation (NASDAQ: TRMB) from an “overweight” rating to a “neutral” rating. They have a price target of $56.00 on the company.

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