Monday, May 2, 2011

Ratings on (AMAT) (CRI) (CW) (ERTS) (FMS) Downgraded

Applied Materials, Inc. (NASDAQ: AMAT), Carter’s, Inc. (NYSE: CRI), Curtiss-Wright (NYSE: CW), Electronic Arts Inc (NASDAQ: ERTS) and Fresenius Medical (NYSE: FMS) get ratings downgrades.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Applied Materials, Inc. (AMAT) from an “overweight” rating to a “neutral” rating. They have a price target of $14.00 on the company, down from $16.00.

BMO Capital Markets downgraded Carter’s, Inc. (CRI) from a “market perform” rating to an “underperform” rating. They have a $25.00 price target on the company.

Wedbush downgraded Curtiss-Wright (CW) from an “outperform” rating to a “neutral” rating. They have a price target of $36.00 on the company.

Kaufman Brothers downgraded Electronic Arts Inc (ERTS) from a “buy” rating to a “hold” rating. They have a price target of $20.00 on the company.

Deutsche Bank (NYSE:DB) downgraded Fresenius Medical (FMS) from a “buy” rating to a “hold” rating.

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