Ratings on (SNHY) (SPWRA) (TI) (WMG) Downgraded

Ratings on shares of Sun Hydraulics Co. (NASDAQ: SNHY), SunPower Co. (NASDAQ: SPWRA), Telecom Italia (NYSE: TI) and Warner Music Group Corp (NYSE: WMG) were downgraded by analysts.

Robert W. Baird downgraded Sun Hydraulics Co. (SNHY) from an “outperform” rating to a “neutral” rating. They have a price target of $52.00 on the company, up from $47.00.

Brigantine downgraded SunPower Co. (SPWRA) from a “buy” rating to a “hold” rating.

Sanford C. Bernstein downgraded Telecom Italia (TI) from an “outperform” rating to a “market perform” rating.

Needham & Company downgraded Warner Music Group Corp (WMG) from a “buy” rating to a “hold” rating.