Friday, October 28, 2011

Potash (POT) (PTEN) (SCHN) (LL) (MDR) (NANO) Downgraded

Potash Corp (NYSE: POT), Patterson-UTI (NASDAQ: PTEN), Schnitzer Steel (NASDAQ: SCHN), Lumber Liquidators (NYSE: LL), McDermott International (NYSE: MDR) and Nanometrics Inc (NASDAQ: NANO) get analyst downgrades.

Scotia Capital downgraded Potash Corp (POT) to a “Sector Perform” rating.

Global Hunter Securities downgraded Patterson-UTI (PTEN) from an “Accumulate” rating to a “Neutral” rating. They have a price target of $24.00 on them.

Bank of America (NYSE:BAC) downgraded Schnitzer Steel (SCHN) from a “Buy” rating to a “Neutral” rating.

Longbow Research downgraded Lumber Liquidators (LL) from a “Buy” rating to a “Neutral” rating.

Morgan Stanley (NYSE:MS) downgraded McDermott International (MDR) from an “Overweight” rating to an “Underweight” rating. They have a price target of $12.00 on them.

Piper Jaffray downgraded Nanometrics Inc. (NANO) from an “Overweight” rating to a “Neutral” rating. They have a price target of $18.00 on them.

No comments: