EdgeWater 12/17/2010 2:01:44 AM
News / Business

Mid Day Stock Downgrades (AEE, QGEN, CMTL, BB&T Corporation)

Mid Day Stock Downgrades

Ameren Corporation (NYSE:AEE) slid 0.88% to $28.12. An analyst at BofA/Merrill Lynch downgraded shares of Ameren Corp. from Neutral to Underperform this morning.

The 52-week range of the stock is $23.09-$29.89.

Qiagen NV (NASDAQ:QGEN) dropped 0.66% to $19.64. Jefferies downgraded Qiagen NV to a Hold rating from its previous rating of Buy. The firm is also raising its price target to $29.50 from $28.32.

The stock opened at $19.35 and is trading within the range of $19.26-$19.66. Till now, 821K shares have been traded as compared to its average daily volume of 1.62 million shares. The stock lost more than 12% year-to-date.

Comtech Telecomm. Corp. (NASDAQ:CMTL) is down 1.16% to $27.37. FBR Capital downgraded Comtech Telecom from Outperform to Market Perform.

The stock declined more than 21% year-to-date. At current market price, the market capitalization of the company stands at $752.03 million. The stock has average daily volume of 360K shares.

BB&T Corporation (NYSE:BBT) is up 1.22% to $26.48. The stock added more than 4% year-to-date.

The average daily volume of the stock is 7 million shares. At current market price, the market capitalization of the company stands at $18.37 billion.

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