Thursday, May 19, 2011

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.

No comments:

Post a Comment