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Thursday, December 1, 2011

Netflix (NFLX) (CPRT) (DDAIF) (GLW) (RIG) (SMSC) Downgraded

Netflix, Inc. (NASDAQ: NFLX), Copart (NASDAQ: CPRT), Daimler AG (OTC: DDAIF), Corning Inc. (NYSE: GLW), Transocean (NYSE: RIG) and Standard Microsystems Co. (NASDAQ: SMSC) were downgraded by analysts.

Netflix, Inc. (NFLX) was downgraded by Wedbush from a “Neutral” rating to an “Underperform” rating. They have a price target of $45.00 on the company.

Copart (CPRT) was downgraded by CJS Securities to a “Market Perform” rating.

Daimler AG (DDAIF) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

Corning Inc. (GLW) was downgraded by Credit Agricole from an “Outperform” rating to an “Underperform” rating.

Transocean (RIG) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

Standard Microsystems Co. (SMSC) was downgraded by Capstone from a “Buy” rating to a “Hold” rating.

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