Ratings on shares of Citi Trends Inc. (NASDAQ: CTRN), Intel (NASDAQ: INTC), KLA-Tencor (NASDAQ: KLAC), Marina Biotech, Inc. (NASDAQ: MRNAD) and NetLogic Microsystems, Inc. (NASDAQ: NETL) were downgraded by analysts.
Citigroup (NYSE:C) downgraded Citi Trends Inc. (CTRN) from a “buy” rating to a “neutral” rating.
Goldman Sachs (NYSE:GS) downgraded Intel (INTC) from a “neutral” rating to a “neutral” rating.
Goldman Sachs downgraded KLA-Tencor (KLAC) from a “neutral” rating to a “sell” rating.
LifeTech Capital downgraded Marina Biotech, Inc. (MRNAD) to a “neutral” rating. They have a price target of $0.30 on the company.
Morgan Stanley (NYSE:MS) downgraded NetLogic Microsystems, Inc. (NETL) from an “equal weight” rating to an “underweight” rating. They have a price target of $32.00 on the company.
Thursday, May 19, 2011
Ratings on (CTRN) (INTC) (KLAC) (MRNAD) (NETL) Downgraded
Ratings on (AGL) (AMAT) (CTRN) (DE) (EDMC) Downgraded
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.