Thursday, May 5, 2011

Ratings on (SMSI) (SUNH) (TMH) Downgraded by Analysts

Analysts downgraded ratings on Smith Micro Software, Inc. (NASDAQ: SMSI), Sun Healthcare Group, Inc. (NASDAQ: SUNH) and Team Health Holdings (NYSE: TMH) today.

Needham & Company downgraded Smith Micro Software, Inc. (SMSI) from a “buy” rating to a “hold” rating.

Citigroup (NYSE:C) downgraded Sun Healthcare Group, Inc. (SUNH) from a “buy” rating to a “hold” rating. They have a price target of $12.00 on the company, down from $17.00.

Citigroup downgraded Team Health Holdings (TMH) from a “buy” rating to a “hold” rating. They have a price target of $23.00 on the company, up from $20.00. They cited valuation as the catalyst behind its call.

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