Commercial Metals CMC was downgraded to underperform from neutral at Bank of America/Merrill Lynch. $17 price target. Rebar margins are being squeezed, analysts said.
Devry (DV) was downgraded to neutral from outperform at Credit Suisse. $17 price target. The CFO departure elevates investment risk, Credit Suisse said.
EMC (EMC) was downgraded to neutral at Sterne Agee. $28 price target. The valuation is less attractive, based on the Dell transaction, Sterne said.
This article was written by a staff member of TheStreet.