Monday, October 31, 2011

First Solar (FSLR) (KWK) (LAMR) (LL) (FOSL) (FTI) Downgraded

First Solar, Inc. (NASDAQ: FSLR), Quicksilver Resources Inc. (NYSE: KWK), Lamar Advertising Company (NASDAQ: LAMR), Lumber Liquidators (NYSE: LL), Fossil (NASDAQ: FOSL) and FMC Tech (NYSE: FTI) were downgraded by analysts.

First Solar, Inc. (FSLR) was downgraded by Ardour Capital to a “Hold” rating. They have a price target of $55.00 on the company.

Quicksilver Resources Inc. (KWK) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $10.00 on the company.

Lamar Advertising Company (LAMR) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

Lumber Liquidators (LL) was downgraded by Longbow Research from a “Buy” rating to a “Neutral” rating.

Fossil (FOSL) was downgraded by Benchmark Co. from a “Buy” rating to a “Hold” rating. They have a price target of $108.00 on the company, up from $73.00.

FMC Tech (FTI) was downgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Underweight” rating.

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