EdgeWater 11/30/2010 12:21:59 AM
News / Business

Downgraded Stocks To Watch (The Goodyear, Cyberonics, Temple-Inland)

Downgraded Stocks To Watch

The Goodyear Tire & Rubber Company (NYSE:GT) fell 3.79% to $9.65.  Northcoast Research downgraded Goodyear Tire & Rubber from Buy to Neutral.

The Goodyear Tire & Rubber Company is a manufacturer of tires. The Company, along with its United States and international subsidiaries and joint ventures, develops, manufactures, markets and distributes tires for applications.

Cyberonics, Inc. (NASDAQ:CYBX) dropped 3.67% to $27.82. SunTrust Robinson Humphrey downgraded Cyberonics from Neutral to Reduce.

At current market price, the market capitalization of the company stands at $779.41 million.

Temple-Inland, Inc. (NYSE:TIN) is trading 4.47% lower at $20.52. Goldman Sachs downgraded Temple-Inland Inc. from Buy to Neutral, saying they see more compelling risk/reward for Smurfit-Stone (SSCC), which was rated a new 'Buy' today.

The 52-week range of the stock is $15.48-$25.03 and jumped more than 23% over the past three months of trading sessions.

Temple-Inland Inc. manufactures corrugated packaging and building products, which the Company considers as two separate operating segments.

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