EdgeWater 1/8/2011 5:25:28 PM
News / Business

Top Downgrades Of The Day (AK Steel Holding, CTSH, PPG, APC)

Top Downgrades Of The Day

AK Steel Holding Corporation (NYSE:AKS) dropped 7.05% to $15.42. Goldman Sachs downgraded AK Steel from Neutral to Sell, and maintained a $12 price target.

The stock has average daily volume of 6.41 million shares. At current market price, the market capitalization of the company stands at $1.70 billion.

Cognizant Technology Solutions Corp. (NASDAQ:CTSH) slid 0.09% to $75.44. Barclays downgraded Cognizant Technology Solutions from Overweight to Equal Weight.

The stock opened at $74.99 and is trading within the range of $74.36-$75.52.

PPG Industries, Inc. (NYSE:PPG) lost 1.70% to $82.18. Citi downgraded shares of PPG Industries to a Hold rating from their previous rating of Buy.

The stock has a 52-week range of $56.96-$85.05. The stock has average daily volume of 1.07 million shares. At current market price, the market capitalization of the company stands at $13.39 billion.

Anadarko Petroleum Corporation (NYSE:APC) is down 0.35% to $74.20. Wells Fargo downgraded Anadarko Petroleum from Outperform to Market Perform.

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