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Change in Ratings
Alcoa (AA Quote) downgraded at Goldman Sachs to Neutral from Buy based on lower aluminum price expectations in 2008-2010. See drop in metal prices in 2009, with modest recovery in 2010. Expect robust consumption in China despite slowing economic growth. Price target slashed to $26 from $50.
Akamai (AKAM Quote) downgraded at Goldman Sachs to Sell from Neutral based on mounting competition in media and software-delivery spaces. See downside risk to longer-term estimates based on lasting pressure. Price target cut to $14.50 from $21.50. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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