Monday, November 7, 2011

Murphy Oil (MUR) (TIF) (MED) (MFLX) (MG) (MMP) Downgraded

Murphy Oil Corp. (NYSE: MUR), Tiffany & Co. (NYSE: TIF), Medifast, Inc. (NYSE: MED), Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), Mistras Group Incorporated (NYSE: MG) and Magellan Midstream (NYSE: MMP) were downgraded by analysts.

Murphy Oil Corp. (MUR) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating.

Tiffany & Co. (TIF) was downgraded by Morgan Stanley from an “Overweight” rating to an “Equal Weight” rating.

Medifast, Inc. (MED) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $17.00 on the company, down from $32.00.

Multi-Fineline Electronix, Inc. (MFLX) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.

Mistras Group Incorporated (MG) was downgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to an “Underperform” rating.

Magellan Midstream (MMP) was downgraded by Ladenburg Thalmann from a “Buy” rating to a “Neutral” rating.

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