EdgeWater 10/26/2010 10:54:52 PM
News / Business

Stock Downgrades to Watch (DIN, NILE, CTAS, VLTR, CMS)

Stock Downgrades to Watch

DineEquity, Inc. (NYSE:DIN) dropped 3.78% to $46.13. SunTrust downgraded DineEquity from Buy to Neutral with a price target of $50.

Over the past 52-week, the stock had traded within the range of $19.97-$51.67 and is up more than 84% year-to-date. Over the past five trading sessions, the stock went down more than 3%.

Blue Nile, Inc. (NASDAQ:NILE) went down 2.15% to $41.41. This morning, MKM Partners downgraded Blue Nile from Buy to Neutral. The price target was also lowered from $57 to $42.

The stock opened at $41.33 and has a 52-week range of $40.70-$67.16. In the past one month of trading sessions, the stock went down more than 5%.

Cintas Corporation (NASDAQ:CTAS) fell 1.57% to $27.57. Morgan Stanley downgraded Cintas Corporation from Equalweight to Underweight.

The stock went up more than 5% year-to-date.

Volterra Semiconductor Corporation (NASDAQ:VLTR) declined 2.06% to $19.03. Craig-Hallum downgraded Volterra Semi from Buy to Accumulate. The price target was lowered from $35 to $22.

Over the past 52-week, the stock had traded within the range of $12.92-$29.93 and is down more than 2% year-to-date. Over the past five trading sessions, the stock went down more than 3%.

CMS Energy Corporation (NYSE:CMS) dropped 1.60% to $18.42. BofA/Merrill Lynch downgraded CMS Energy from Buy to Neutral.

Over the past five trading sessions, the stock went down more than 2%. At current market price, the market capitalization of the company stands at $4.24 billion.

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