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Tuesday, March 13, 2012

Suntech (STP) (MANT) (SCGLY) (ABV) (MDR) (CVC) (CVS) Downgraded

Suntech Power (STP), ManTech (MANT), Societe Generale SA (SCGLY), Companhia De Bebidas (ABV), McDermott International (MDR), CVS Caremark (CVS) and Cablevision (CVC) were downgraded by analysts.

Nomura downgraded Suntech Power (STP) to a "Reduce" rating.

Wells Fargo & Co. downgraded ManTech (MANT) from a "Market Perform" rating to an "Underperform" rating.

HSBC downgraded Societe Generale SA (SCGLY) from a "Overweight" rating to an "Neutral" rating.

HSBC downgraded Companhia De Bebidas (ABV) to a "Neutral" rating.

Howard Weil downgraded McDermott International (MDR) from a "Outperform" rating to an "Market Perform" rating. They have a price target of $16.00 on the company.

Deutsche Bank downgraded Cablevision (CVC) from a "Buy" rating to an "Hold" rating.

BMO Capital Markets downgraded CVS Caremark (CVS) from a "Outperform" rating to an "Market Perform" rating.

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