Friday, May 6, 2011

Ratings on (SPR) (SVNT) (WEST) (WRC) (OMPI) Downgraded

Ratings on AeroSystems Holdings, Inc. (NYSE: SPR), Savient Pharmaceuticals, Inc. (NASDAQ: SVNT), Westinghouse Solar (NASDAQ: WEST), The Warnaco Group, Inc. (NYSE: WRC) and Obagi Medical Products, Inc. (NASDAQ: OMPI) downgraded by analysts today.

Bank of America (NYSE:BAC) downgraded Spirit AeroSystems Holdings, Inc. (SPR) from a “buy” rating to a “neutral” rating. They have a price target of $26.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Savient Pharmaceuticals, Inc. (SVNT) from an “overweight” rating to a “neutral” rating.

Ardour Capital downgraded Westinghouse Solar (WEST) from a “buy” rating to a “hold” rating. They have a price target of $2.00 on the company, down from $3.00.

Piper Jaffray downgraded The Warnaco Group, Inc. (WRC) from an “overweight” rating to a “neutral” rating. They have a price target of $61.00 on the company.

Robert W. Baird downgraded Obagi Medical Products, Inc. (OMPI) from an “outperform” rating to a “neutral” rating. They have a price target of $9.00 on the company, down from $15.00.

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