Monday, August 8, 2011

Seabright (SBX) (ILMN) (LNKD) (SMRT) (TTGT) Downgraded

Seabright Holdings, Inc. (NYSE: SBX), Illumina, Inc. (NASDAQ: ILMN), Linkedin Co. (NASDAQ: LNKD), Stein Mart (NASDAQ: SMRT) and TechTarget Inc (NASDAQ: TTGT) downgraded by analysts.

Seabright Holdings, Inc. (SBX) was downgraded by JMP Securities from a “Market Perform” rating to an “Underperform” rating.

Illumina, Inc. (ILMN) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Linkedin Co. (LNKD) was downgraded by Evercore Partners from an “Equal Weight” rating to an “Underweight” rating. They cited valuation as the catalyst behind their call.

Stein Mart (SMRT) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

TechTarget Inc. (TTGT) was downgraded by Lazard Capital from a “Buy” rating to a “Neutral” rating.

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