Wednesday, December 14, 2011

Best Buy (BBY) (SO) (SR) (ST) (ADTN) (BCSI) Downgraded

Best Buy Co., Inc. (NYSE: BBY), Southern Co. (NYSE: SO), The Standard Register Company (NYSE: SR), Sensata Tech (NYSE: ST), ADTRAN, Inc. (NASDAQ: ADTN) and Blue Coat (NASDAQ: BCSI) were downgraded by analysts.

Southern Co. (SO) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

The Standard Register Company (SR) was downgraded by CJS Securities to a “Market Perform” rating.

Sensata Tech (ST) was downgraded by Barclays Capital from an “Overweight” rating to an “Equal Weight” rating.

ADTRAN, Inc. (ADTN) was downgraded by Raymond James (NYSE:RJF) from a “Buy” rating to a “Market Perform” rating.

Best Buy Co., Inc. (BBY) was downgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating.

Blue Coat (BCSI) was downgraded by Stifel Nicolaus to a “Hold” rating.

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