Wednesday, May 4, 2011

Ratings On (LM) (MD) (MEE) (MYL) Downgraded by Analysts

Analysts downgraded Legg Mason, Inc. (NYSE: LM), Mednax Services Inc (NYSE: MD), Massey Energy (NYSE: MEE) and Mylan Inc. (NYSE: MYL) today.

Keefe, Bruyette & Woods, Inc downgraded Legg Mason, Inc. (LM) from an “outperform” rating to a “market perform” rating.

Feltl & Co. downgraded Mednax Services Inc (MD) from a “strong buy” rating to a “buy” rating. They have a price target of $81.00 on the company, up from $76.00.

Dahlman Rose downgraded Massey Energy (MEE) from a “buy” rating to a “hold” rating.

Morgan Stanley (NYSE:MS) downgraded Mylan Inc. (MYL) from an “overweight” rating to an “equal weight” rating. They have a price target of $25.00 on the company. Pressures on prices from overseas competitors was cited as the catalyst.

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