Thursday, September 1, 2011

TriQuint (TQNT) (CGNX) (COLM) (STLD) (WOR) Downgraded

TriQuint Semiconductor (NASDAQ:TQNT), Cognex (NASDAQ:CGNX), Columbia Sportswear (NASDAQ:COLM), Steel Dynamics (NASDAQ:STLD) and Worthington Industries (NYSE:WOR) downgraded by analysts.



TriQuint Semiconductor was downgraded by Barclays from an "Overweight" rating to an "Equal Weight" rating. They slashed their price target on the company from $12 to $6.



Cognex was downgraded by Piper Jaffray (NYSE:PJC) from an "Overweight" rating to a "Neutral" rating.



Columbia Sportswear was downgraded by FBR Capital Markets to a "Market Perform" rating and a price target of $61. They cited valuation as the catalyst behind the call.



Steel Dynamics was downgraded by Goldman Sachs (NYSE:GS) from a "Buy" rating to a "Neutral" rating.



Worthington Industries was downgraded by Goldman Sachs from a "Neutral" rating to a "Sell" rating.

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