Benzinga’s Top Downgrades (XTO, WRC, NRGP, GIGM, IMAX, CHTT)
December 22, 2009 10:25 AM
XTO Energy Inc. (NYSE: XTO) has increased 0.04% to $47.01 despite XTO being downgraded by KeyBanc Capital Markets to Hold from Buy. The 52-week trading range for XTO is $28.64 - $49.10. In the previous trading session, XTO closed at $46.99.
The Warnaco Group, Inc. (NYSE: WRC) was today downgraded by JP Morgan to Neutral from Overweight. So far in the current year, WRC gained over 115%. The 52-week trading range for WRC is $15.99 - $45.75. The Warnaco Group closed at $42.92 in the previous trading session.
Inergy Holdings, L.P. (NASDAQ: NRGP) was today downgraded by Citigroup to Hold from Buy. In the last six months, NRGP gained by 47%. The 52-week trading range for NRGP is $18.75 - $59.08. In the previous trading session, NRGP closed at $57.92.
GigaMedia Limited (NASDAQ: GIGM) has moved down 2.26% to $3.46 after Roth Capital downgraded GIGM to Hold from Buy. Price target of GIGM reduced to $4 from $8. The 52-week trading range for GIGM is $3.45 - $7.73. So far in 2009, GIGM fell by 37%.
IMAX Corporation (USA) (NASDAQ: IMAX) has decreased 1.80% to $12.56 in the pre-market session after Morgan Joseph downgraded IMAX Corporation from Buy to Hold. In the last trading session, IMAX closed at $12.79.The 52 week trading range for IMAX is $3.21 - $13.08.
Chattem Inc. (NASDAQ: CHTT) has declined 0.18% to $92.97 in the pre-market session. Today, SunTrust downgraded Chattem to Hold from Buy. The 52-week trading range for CHTT is $50.10 - $93.21. In the last six months, CHTT gained over 40%.
