Dolby (DLB) (UEIC) (EXH) (NTSP) (HMA) Downgraded

Dolby Labs (NYSE: DLB), Universal Electronics Inc (NASDAQ: UEIC), Exterran Holdings, Inc. (NYSE: EXH), NetSpend (NASDAQ: NTSP) and Health Management Associates (NYSE: HMA) downgraded by analysts.

Dolby Labs (DLB) was downgraded by Collins Stewart from a “Buy” rating to a “Neutral” rating. They have a price target of $45.00 on the company.

Universal Electronics Inc. (UEIC) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating.

Exterran Holdings, Inc. (EXH) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.

NetSpend (NTSP) was downgraded by William Blair from an “Outperform” rating to a “Market Perform” rating.

Health Management Associates (HMA) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

NetSpend (NTSP) (LAMR) (NCIT) (STRI) (PMI) Downgraded

NetSpend (NASDAQ: NTSP), Lamar Advertising Company (NASDAQ: LAMR), NCI Inc. (NASDAQ: NCIT), STR Holdings, Inc. (NASDAQ: STRI) and PMI Group Inc (NYSE: PMI) downgraded by analysts.

Lamar Advertising Company (LAMR) was downgraded by Benchmark Co. to a “Hold” rating. They have a price target of $24.00 on the company.

NCI Inc. (NCIT) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

NetSpend (NTSP) was downgraded by Barrington Research from an “Outperform” rating to a “Market Perform” rating.

PMI Group Inc. (PMI) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.

STR Holdings, Inc. (STRI) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.

Biggest Losers (TZOO) (KRA) (PFCB) (NTSP) (UPL) on May 6

Among the big, negative movers on Friday, May 6, were Travelzoo Inc (TZOO), Kraton Performance (KRA), P.F.Chang's China (PFCB), Netspend Holdings (NTSP) and Ultra Petroleum (UPL).

Travelzoo Inc (TZOO) was down $1.57, to close at $72.98, a loss of 2.11 percent.

Kraton Performance (KRA) fell $1.51 on the day to close at $38.29, a loss of 3.79 percent.

P.F.Chang's China (PFCB) dropped $1.49 to close at $38.85, a loss of 3.69 percent.

Netspend Holdings (NTSP) declined $1.49 to close the session at $9.22, a loss of 13.91 percent.

Ultra Petroleum (UPL) plunged $1.47 to end the day at $46.00, a loss of 3.10 percent.

Golub (GBDC) (HTGC) (NTSP) (QCOM) Get Coverage Initiations from Analysts

Golub Capital BDC LLC (NASDAQ: GBDC), Hercules Tech. (NASDAQ: HTGC), NetSpend (NASDAQ: NTSP) and QUALCOMM, Inc. (NASDAQ: QCOM) now getting coverage initiated by these analysts.

UBS AG (NYSE:UBS) initiated coverage on Golub Capital BDC LLC (GBDC). They set a “Buy” rating and a price target of $17 on the company.

Janney Montgomery Scott initiated coverage on Hercules Tech. (HTGC). They started with a “Buy” rating on the stock.

Barrington Research initiated coverage on NetSpend (NTSP). They started with an “Outperform” rating and a price target of $16 on the business.

ThinkEquity initiated coverage on QUALCOMM, Inc. (QCOM). They started with a “Buy” rating and a price target of $5.00 on the stock.

NetSpend (NASDAQ:NTSP) Weighed Down on Growing Regulatory Uncertainty

The revenue model of NetSpend (NASDAQ:NTSP) continues to be under pressure as the regulatory environment at this time doesn't accommodate it.

Wedbush said, "We believe NetSpend represents a potentially solid investment in the growth of the reloadable prepaid card category. Nevertheless, we remain cautious given the mounting regulatory overhangs on the shares...We believe reloadable prepaid interchange last in line to be reduced, since category has no real enemies...However, Menendez Bill adds to previous concerns around validity of NetSpend's revenue model."

Wedbush maintains a "Neutral" on NetSpend, which closed Friday at $12.82, up $0.35, or 2.81 percent. Wedbush lowered their price target on NetSpend from $15 to $13.