Wednesday, May 4, 2011

Ratings On (RBA) (RIMM) (RJET) (SMG) Downgraded by Analysts

Analysts downgraded Ritchie Bros. Auctioneers (NYSE: RBA), Research In Motion (NASDAQ: RIMM), Republic Airways Holdings Inc. (NASDAQ: RJET) and Scotts Miracle-Gro (NYSE: SMG) today.

Bank of America (NYSE:BAC) downgraded Ritchie Bros. Auctioneers (RBA) from a “buy” rating to an “underperform” rating.

Charter Equity downgraded Research In Motion (RIMM) to an “underperform” rating.

Raymond James (NYSE:RJF) downgraded Republic Airways Holdings Inc. (RJET) from a “market perform” rating to an “underperform” rating.

RBC Capital downgraded Scotts Miracle-Gro (SMG) from an “outperform” rating to a “sector perform” rating. They have a price target of $61.00 on the company, down from $62.00.

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