Filed under: Analyst reports , Analyst upgrades and downgrades , PetroChina Co Ltd ADR (PTR) , Teva Pharm Indus ADR (TEVA) MOST NOTEWORTHY: Georgia Gulf, Sohu.com and I-flow were today's noteworthy downgrades:
Citigroup downgraded Georgia Gulf (NYSE: GGC ) to Sell from Hold to reflect the deteriorating fundamentals in North American housing, and their belief that the company is increasingly likely to break its debt covenant ratio.
Deutsche Bank downgraded shares of Sohu.com (NASDAQ: SOHU ) to Hold from Buy on valuation and expects 2009 growth to be modest.
Piper cut I-Flow (NASDAQ: IFLO ) to Sell from Neutral following the weak Q1 report and guidance.
OTHER DOWNGRADES:
Morgan Stanley downgraded Coca-Cola Femsa (NYSE: KOF ) to Equal Weight from Overweight.
Goldman removed Teva Pharma (NASDAQ: TEVA ) from its Conviction Buy List.
Aqua America (NYSE: WTR ) was cut to Market Perform from Outperform at Wachovia.
JP Morgan lowered PetroChina (NYSE: PTR ) to Underweight from Neutral.
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Filed under: Analyst reports , Analyst upgrades and downgrades , PetroChina Co Ltd ADR (PTR) , Teva Pharm Indus ADR (TEVA) MOST NOTEWORTHY: Georgia Gulf, Sohu.com and I-flow were today's noteworthy downgrades:
Citigroup downgraded Georgia Gulf (NYSE: GGC ) to Sell from Hold to reflect the deteriorating fundamentals in North American housing, and their belief that the company is increasingly likely to break its debt covenant ratio.
Deutsche Bank downgraded shares of Sohu.com (NASDAQ: SOHU ) to Hold from Buy on valuation and expects 2009 growth to be modest.
Piper cut I-Flow (NASDAQ: IFLO ) to Sell from Neutral following the weak Q1 report and guidance.
OTHER DOWNGRADES:
Morgan Stanley downgraded Coca-Cola Femsa (NYSE: KOF ) to Equal Weight from Overweight.
Goldman removed Teva Pharma (NASDAQ: TEVA ) from its Conviction Buy List.
Aqua America (NYSE: WTR ) was cut to Market Perform from Outperform at Wachovia.
JP Morgan lowered PetroChina (NYSE: PTR ) to Underweight from Neutral.
Permalink | Email this | Linking Blogs | Comments ...