Thursday, November 10, 2011

Hibbett (HIBB) (VLNC) (IL) (MFB) (MFN) (MRX) Downgraded

Hibbett Sports, Inc. (NASDAQ: HIBB), Valence Technology, Inc. (NASDAQ: VLNC), IntraLinks Holdings, Inc. (NYSE: IL), Maidenform Brands, Inc. (NYSE: MFB), Minefinders Corp. Ltd. (NYSE: MFN) and Medicis Pharmaceuticals (NYSE: MRX) were downgraded by analysts.

Hibbett Sports, Inc. (HIBB) was downgraded by Longbow Research from a “Buy” rating to a “Neutral” rating.

Valence Technology, Inc. (VLNC) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.

IntraLinks Holdings, Inc. (IL) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $7.00 on the company.

Maidenform Brands, Inc. (MFB) was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating.

Minefinders Corp. Ltd. (MFN) was downgraded by CIBC from a “Sector Perform” rating to an “Underperform” rating.

Medicis Pharmaceuticals (MRX) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

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