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Changes in Ratings
Fannie Mae(FNM Quote) is downgraded to underweight at Morgan Stanley. Expect the company to boost guidance for credit losses, which could cause another leg down for the stock.
Goodrich Petroleum(GDP Quote) upgraded to buy at Suntrust Robinson Humphrey, which set a $26 price target. The company offers excellent exposure to the natural gas market, but the stock is trading at two-year lows.
Maxim Integrated Products(MXIM Quote) is downgraded at Goldman to neutral from buy following an announcement that its financial restatement, stemming from stock option backdating, would be pushed back from Q1 2008 to June. See increased uncertainty in estimates and note weakening analog fundamentals. The price target was trimmed to $27 from $29. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
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