Analyst Downgrades for October 19th
Oct 19, 2009 (SmarTrend(R) Upgrades/Downgrades via COMTEX) --
Companies: Accenture Ltd. (ACN), Amdocs, Ltd. (DOX), Fannie Mae (FNM), First Solar Inc (FSLR), Freddie Mac (FRE), Lehman ABS Corp. (CFN), Nuevo Grupo Iusacell of Mexico (CEL), Pharmaceutical Resources, Inc. (PRX), Sanderson Farms, Inc. (SAFM), SL Green Realty Corp. (SLG), Southwest Airlines Co. (LUV), Suntech Power Holdings Co Ltd (STP), Tellabs, Inc. (TLAB)
Analyst Downgrades for 10/19/2009... Accenture (NYSE:ACN) downgraded to Neutral from Buy, $39 target, at UBS... Amdocs (NYSE:DOX) downgraded to Neutral from Buy, $27 target, at UBS... CareFusion (NYSE:CFN) initiated as Market Perform at Leerink Swann; also initiated as Neutral at JPMorgan... Cellcom Isreal (NYSE:CEL) downgraded to Hold at Deutsche Bank... Fannie Mae (NYSE:FNM) downgraded to Underperform from Market Perform, $0 target, at Keefe Bruyette... First Solar (NASDAQ:FSLR) downgraded to Neutral from Outperform at Macquarie... Freddie Mac (NYSE:FRE) downgraded to Underperform from Market Perform, $0 target, at Keefe Bruyette... Par Pharmaceutical (NYSE:PRX) downgraded to Neutral from Buy at BofA/Merrill... Sanderson Farms (NASDAQ:SAFM) downgraded to Hold at KeyBanc... SL Green Realty (NYSE:SLG) downgraded to Neutral from Buy, $45 target, at BofA/Merrill... Southwest (NYSE:LUV) downgraded to Underweight from Neutral at JP Morgan.... Suntech (NYSE:STP) downgraded to Underperform from Neutral at Macquarie... Tellabs (NASDAQ:TLAB) downgraded to Neutral from Buy, $7.50 target, at UBS...
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Companies: Accenture Ltd. (ACN), Amdocs, Ltd. (DOX), Fannie Mae (FNM), First Solar Inc (FSLR), Freddie Mac (FRE), Lehman ABS Corp. (CFN), Nuevo Grupo Iusacell of Mexico (CEL), Pharmaceutical Resources, Inc. (PRX), Sanderson Farms, Inc. (SAFM), SL Green Realty Corp. (SLG), Southwest Airlines Co. (LUV), Suntech Power Holdings Co Ltd (STP), Tellabs, Inc. (TLAB)
Related terms: fannie mae, freddie mac, market, nasdaq, nyse, pharmaceuticals, securities
