Market Overview

UPDATE: Stifel Nicolaus Downgrades TTM Technologies to Hold on Near- and Long-Term Issues

Related TTMI
S&P 500 Gives Up 2,000 On Volume
Dow Dips Over 100 Points; TriMas Shares Decline On Lowered Forecast

Stifel Nicolaus downgraded TTM Technologies, Inc. (NASDAQ: TTMI) from Buy to Hold.

Stifel Nicolaus said, "We are reducing estimates and lowering our investment rating on printed-circuit board manufacturer TTM Technologies from Buy to Hold due to, what we believe, are myriad near and long-term issues, including soft demand, excess industry capacity, and ongoing margin pressure related to rising labor costs and increased pricing competition."

TTM Technologies closed at $9.15 on Monday.

Latest Ratings for TTMI

DateFirmActionFromTo
Jul 2014JP MorganMaintainsNeutral
Apr 2014Stifel NicolausUpgradesHoldBuy
Nov 2013JP MorganUpgradesNeutralOverweight

View More Analyst Ratings for TTMI
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Downgrades Intraday Update Analyst Ratings

 

Related Articles (TTMI)

Around the Web, We're Loving...

Get Benzinga's Newsletters