Analyst downgrades: SBUX, EAT, HWAY and FLR
Posted Sep 27th 2007 11:07AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Starbucks (SBUX), Nokia Corp. (NOK), Brinker Intl (EAT)
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MOST NOTEWORTHY: Starbucks Corporation, Brinker, Healthways and Fluor were today's noteworthy downgrades:
- Banc of America downgraded Starbucks Corporation (NASDAQ: SBUX) to Sell from Neutral, and lowered their target to $23 from $27, as they see downside risk to estimates due to slower growth. The firm is concerned that expectations for a near-term recovery are too high.
- Goldman downgraded Brinker International (NYSE: EAT) to Sell from Neutral citing macro economic pressure on sales.
- Credit Suisse downgraded Healthways Inc (NASDAQ: HWAY) to Neutral from Outperform on valuation.
- Fluor Corporation (NYSE: FLR) was downgraded to Hold from Buy at Morgan Joseph on valuation.
OTHER DOWNGRADES:
Tags: analyst, brinker, ceo, cnooc, downgrade, eat, flr, fluor, gamestop, gme, healthways, hway, nok, nokia, sbux, starbucks, statoil, sto
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Reader Comments (Page 1 of 1)
9-28-2007 @ 12:29AM
johnclrdsprn said...
Schultz may have to go!!!