Dallas, TX 12/15/2009 11:52:35 PM
News / Finance

Today’s Downgraded Stocks (FLIR, XTO, AEP)

Downgraded Stocks

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FLIR Systems, Inc. (NASDAQ:FLIR) fell 2.25% to $29.58 after being  downgraded by Standpoint Research from Buy to Hold. FLIR Systems, Inc. (FLIR) is engaged in the design, manufacture and marketing of thermal imaging systems. Its products are used in a variety of applications in commercial, industrial and government markets.

 

American Electric Power Company, Inc. (NYSE:AEP) fell 1.60% to $34.84. Today, Jefferies & Co downgraded American Electric to Hold from Buy. Price target has been increased by $1.50 to $37.50. American Electric Power Company, Inc. (AEP) is a public utility holding company engaged in the generation, transmission and distribution of electric power to retail customers, and supplying and marketing of electric power at wholesale to other electric utility companies, municipalities and other market participants.

 

XTO Energy Inc. (NYSE:XTO) rose 0.23% to $47.98. Today, Citi downgrades XTO Energy from Buy to Hold. Price target $55. Credit Suisse down from Outperform to Neutral, target lowered to $43. XTO Energy Inc., along with its subsidiaries, is engaged in the acquisition, development, exploitation and exploration of both producing oil and gas properties and unproved properties, and in the production, processing, marketing and transportation of oil and natural gas.

 

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