Waters (WAT) (PACB) (CEC) (PMI) (CLR) (COGO) Downgraded

Waters Corporation (NYSE: WAT), Pacific Biosciences of California (NASDAQ: PACB), CEC Entertainment, Inc. (NYSE: CEC), PMI Group Inc (NYSE: PMI), Continental Resources, Inc. (NYSE: CLR) and Cogo Group, Inc. (NASDAQ: COGO) downgraded by analysts.

Waters Corporation (WAT) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Pacific Biosciences of California (PACB) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

CEC Entertainment, Inc. (CEC) was downgraded by Sterne Agee from a “Buy” rating to a “Neutral” rating.

PMI Group Inc. (PMI) was downgraded by Keefe, Bruyette & Woods, Inc from an “Outperform” rating to a “Market Perform” rating.

Continental Resources, Inc. (CLR) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Cogo Group, Inc. (COGO) was downgraded by Needham & Company from a “Strong Buy” rating to a “Hold” rating.

Coverage on (MCGC) (ATVI) (MYRG) (PACB) (SREV) Reiterated

Coverage on MCG Capital Corporation (NASDAQ:MCGC), Activision Blizzard (NASDAQ:ATVI), MYR Group (NASDAQ:MYRG), Pacific Biosciences of California, Inc. (NASDAQ:PACB) and ServiceSource International (NASDAQ:SREV) reiterated by analysts.

FBR Capital Markets analysts reiterated an "Outperform" rating on MCG Capital Corporation (MCGC). They have a price target of $7 on the company.

Deutsche Bank (NYSE:DB) analysts reiterated a "Buy" rating on Activision Blizzard (ATVI). They have a price target of $15 on the company.

FBR Capital Markets analysts reiterated an "Outperform" rating on MYR Group (MYRG).

Deutsche Bank analysts reiterated a "Buy" rating on Pacific Biosciences of California, Inc. (PACB). They have a price target of $16.50 on the company.

Deutsche Bank analysts reiterated a "Buy" rating on ServiceSource International (SREV). They have a price target of $22 on the company, up from $20.

All-Time Lows for (CCIH) (ERII) (FRF) (MY) (PACB) (TNCC) on May 6

Chinacache International (NASDAQ:CCIH), Energy Recovery (NASDAQ:ERII), Fortegra Financial (NYSE:FRF), China Ming Yang Wind Power (NYSE:MY), Pacific Biosciences (NASDAQ:PACB) and Tennessee Commerce Bancorp (NASDAQ:TNCC) all breached all-time lows on Friday, May 6.

Chinacache International (CCIH) closed Friday at $14.35, falling $0.38, or 2.58 percent. They traded as low as $14.10 on the day.

Energy Recovery (ERII) closed Friday at $2.71, down $0.17, or 2.86 percent. They traded as low as $2.71 on the day.

Fortegra Financial (FRF) closed at $9.95, dropping $0.32, or 3.12 percent. They traded as low as $9.95 on the day.

China Ming Yang Wind Power (MY) closed Friday at $8.10, losing $0.10, or 1.22 percent. They traded as low as $8.01 on the day.

Pacific Biosciences (PACB) closed Friday at $10.49, gaining $0.05, or 0.48 percent. They traded as low as $10.27 on the day.

Tennessee Commerce Bancorp (TNCC) closed at $2.90, up $0.09, or 3.01 percent. They traded as low as $2.84 on the day.