Northgate Minerals Co. (NYSE: NXG), Stillwater Mining (NYSE: SWC), RTI International Metals, Inc. (NYSE: RTI), 3M Company (NYSE: MMM) and NetGear Inc (NASDAQ: NTGR) were all downgraded by analysts.
Bank of America (NYSE: BAC) downgraded 3M Company (MMM) from a “Neutral” rating to an “Underperform” rating. They have a price target of $106.00 on the company. They cited valuation as the catalyst behind the call.
CIBC downgraded Northgate Minerals Co. (NYSE: NXG) to a “sector perform” rating.
JPMorgan Chase & Co. (NYSE: JPM) downgraded Stillwater Mining (SWC) to a “neutral” rating. They have a price target of $23.00 on the company. They cited valuation as the catalyst behind the call.
Goldman Sachs (NYSE: GS) downgraded RTI International Metals, Inc. (RTI) from a “neutral” rating to a “sell” rating. They have a price target of $40.00 on the company.
Barclays Capital downgraded NetGear Inc (NTGR) from an “overweight” rating to a “neutral” rating. They have a price target of $47.00 on the company.
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