EdgeWater 11/20/2010 2:43:33 AM
News / Business

Stocks Mixed After Downgrades (DNR, EMN, THS, PTEN)

Stocks Mixed After Downgrades

Denbury Resources Inc. (NYSE:DNR) dropped 0.27% to $18.44. Credit Agricole downgraded Denbury Resources from Buy to Outperform. The price target was lowered on the stock from $22 to $19.83.  

The stock has average daily volume of 3.29 million shares. At current market price, the market capitalization of the company stands at $7.37 billion. 

Eastman Chemical Company (NYSE:EMN) added 0.06% to $79.01. Goldman Sachs downgraded Eastman Chemical from Buy to Neutral with a price target of $90.

The stock opened at $78.14 and was trading within the range of $77.66-$79.17. At current market price, the market capitalization of the company stands at $5.69 billion.

TreeHouse Foods Inc. (NYSE:THS) lost 0.10% to $49.49. Stifel Nicolaus downgraded TreeHouse Foods to a Hold rating from its previous rating of Buy.

The stock opened at $49.10 and was trading within the range of $48.78-$49.67. At current market price, the market capitalization of the company stands at $1.75 billion.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is trading 1.35% lower to $19.73. The 52-week range of the stock is $11.85-$21.10. The stock went up more than 28% year-to-date.  

Dahlman Rose downgraded Patterson-UTI Energy from Buy to Hold. 

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