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Tuesday, January 10, 2012

Costco (COST) (SKX) (SNN) (SPRD) (CNQR) (CNW) Downgraded

Costco (NASDAQ: COST), Skechers Inc. (NYSE: SKX), Smith & Nephew (NYSE: SNN), Spreadtrum (NASDAQ: SPRD), Concur Technologies, Inc. (NASDAQ: CNQR) and Con-way Inc. (NYSE: CNW) were downgraded by analysts.

Skechers Inc. (SKX) was downgraded by B. Riley from a “Buy” rating to a “Neutral” rating.

Smith & Nephew (SNN) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating.

Spreadtrum (SPRD) was downgraded by Citigroup (NYSE:C) to an “Underperform” rating.

Concur Technologies, Inc. (CNQR) was downgraded by Jefferies Group (NYSE:JEF) from a “Buy” rating to a “Hold” rating.

Con-way Inc. (CNW) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

Costco (COST) was downgraded by Sanford C. Bernstein from a “Market Perform” rating to an “Underperform” rating.

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