UPDATE: KeyBank Downgrades Stoneridge to Hold

According to KeyBanc, Stoneridge

is downgraded to Hold. KeyBanc said that following Stoneridge, Inc.'s (SRI-NYSE) 4Q11 earnings release and subsequent conference call, it is downgrading shares to a HOLD from a BUY. “We are leaving our earnings estimates unchanged at $1.20 for 2012 and $1.42 for 2013.” Stoneridge closed yesterday at $10.07.