Showing posts with label Citi Trends. Show all posts
Showing posts with label Citi Trends. Show all posts

Thursday, May 19, 2011

Ratings on (CTRN) (INTC) (KLAC) (MRNAD) (NETL) Downgraded

Ratings on shares of Citi Trends Inc. (NASDAQ: CTRN), Intel (NASDAQ: INTC), KLA-Tencor (NASDAQ: KLAC), Marina Biotech, Inc. (NASDAQ: MRNAD) and NetLogic Microsystems, Inc. (NASDAQ: NETL) were downgraded by analysts.

Citigroup (NYSE:C) downgraded Citi Trends Inc. (CTRN) from a “buy” rating to a “neutral” rating.

Goldman Sachs (NYSE:GS) downgraded Intel (INTC) from a “neutral” rating to a “neutral” rating.

Goldman Sachs downgraded KLA-Tencor (KLAC) from a “neutral” rating to a “sell” rating.

LifeTech Capital downgraded Marina Biotech, Inc. (MRNAD) to a “neutral” rating. They have a price target of $0.30 on the company.

Morgan Stanley (NYSE:MS) downgraded NetLogic Microsystems, Inc. (NETL) from an “equal weight” rating to an “underweight” rating. They have a price target of $32.00 on the company.

Ratings on (AGL) (AMAT) (CTRN) (DE) (EDMC) Downgraded

Ratings on shares of AGL Resources Inc. (NYSE: AGL), Applied Materials, Inc. (NASDAQ: AMAT), Citi Trends Inc. (NASDAQ: CTRN), Deere & Company (NYSE: DE) and Education Management Corp (NASDAQ: EDMC) were downgraded by analysts.

UBS AG (NYSE:UBS) downgraded AGL Resources Inc. (AGL) from a “buy” rating to a “neutral” rating. They have a price target of $42.00 on the company.

Goldman Sachs (NYSE:GS) downgraded shares of Applied Materials, Inc. (AMAT) to a “neutral” rating.

Longbow Research downgraded Citi Trends Inc. (CTRN) from a “buy” rating to a “neutral” rating.

Jefferies (NYSE:JEF) downgraded Deere & Company (DE) from a “buy” rating to a “hold” rating. They have a price target of $92.00 on the company, down from $110.00.

Morgan Stanley (NYSE:MS) downgraded Education Management Corp (EDMC) from an “equal weight” rating to an “underweight” rating. They have a $16.00 price target on the company. They cited valuation as the catalyst behind their call.