Ratings on shares of AGL Resources Inc. (NYSE: AGL), Applied Materials, Inc. (NASDAQ: AMAT), Citi Trends Inc. (NASDAQ: CTRN), Deere & Company (NYSE: DE) and Education Management Corp (NASDAQ: EDMC) were downgraded by analysts.
UBS AG (NYSE:UBS) downgraded AGL Resources Inc. (AGL) from a “buy” rating to a “neutral” rating. They have a price target of $42.00 on the company.
Goldman Sachs (NYSE:GS) downgraded shares of Applied Materials, Inc. (AMAT) to a “neutral” rating.
Longbow Research downgraded Citi Trends Inc. (CTRN) from a “buy” rating to a “neutral” rating.
Jefferies (NYSE:JEF) downgraded Deere & Company (DE) from a “buy” rating to a “hold” rating. They have a price target of $92.00 on the company, down from $110.00.
Morgan Stanley (NYSE:MS) downgraded Education Management Corp (EDMC) from an “equal weight” rating to an “underweight” rating. They have a $16.00 price target on the company. They cited valuation as the catalyst behind their call.
Thursday, May 19, 2011
Ratings on (AGL) (AMAT) (CTRN) (DE) (EDMC) Downgraded
Monday, May 9, 2011
All-Time Highs for (AGL) (AGNC) (ALK) AVGO) (BJRI) Reached May 6
AGL Resources (NYSE:AGL), American Capital Age (NASDAQ:AGNC), Alaska Air Group (NYSE:ALK), Avago Technologies (NASDAQ:AVGO) and BJ's Restaurants (NASDAQ:BJRI) all closed at all-time highs on Friday, May 6.
Agl Resources (AGL) closed at $41.42, gaining $0.38, or 0.93 percent. They traded as high as $42.01 on the day.
American Capital Age (AGNC) closed Friday at $29.46, level with Thursday's close, but reaching a high of $29.65 in the session.
Alaska Air Group (ALK) closed Friday at $68.53, climbing $0.43, or 0.63 percent. They traded as high as $69.33 on the day.
Avago Technologies (AVGO) closed at $34.91, jumping $1.67, or 5.02 percent. They traded as high as $35.00 on the day.
Bj's Restaurants (BJRI) closed at $47.61, gaining $1.16, or 2.50 percent. They traded as high as $47.99 on the day.