Wednesday, October 12, 2011

Netflix (NFLX) (LH) (LM) (PDLI) Downgraded

Netflix, Inc. (NASDAQ: NFLX), Laboratory Corp. of America (NYSE: LH), Legg Mason, Inc. (NYSE: LM) and PDL BioPharma Inc. (NASDAQ: PDLI) were downgraded by analysts.

Netflix, Inc. (NFLX) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $110.00 on the company, down from $166.00.

Laboratory Corp. of America (LH) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating. They have a price target of $84.00 on the company, down from $103.00.

Legg Mason, Inc. (LM) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $32.00 on the company.

PDL BioPharma Inc. (PDLI) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

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