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Benzinga’s Top Downgrades (GTE , PALM, CRAI, BPFH, WFT)
Gran Tierra Energy Inc (AMEX: GTE) was downgraded by UBS from “buy” to “neutral.” GTE closed at $5.86 yesterday. GTE has a 52-week trading range of $2.27 - $6.16. Read more about this company here.
Morgan Joseph downgraded Palm Inc (NASDAQ: PALM) from “hold” to “underperform.” PALM’s shares closed at $5.65 yesterday. PALM’s 52-week trading range is $5.29 - $18.09. Read more about this company here.
William Blair downgraded CRA International Inc (NASDAQ: CRAI) from “outperform” to “market perform.” CRAI’s stock closed at $22.57 yesterday. The 52-week trading range for CRAI is $16.77 - $31.47. Read more about this company here.
Boston Private Financial Holdings Inc (NASDAQ: BPFH) has been downgraded by Keefe Bruyette from “outperform” to “market perform.” BPFH closed at $8.01 yesterday. The 52-week trading range for BPFH is $2.98 - $8.35. Read more about this company here.
Weatherford International Ltd (NYSE: WFT) has been downgraded by Jefferies from “buy” to “hold.” WFT’s shares closed at $16.98 yesterday. WFT’s 52-week trading range is $10.50 - $23.75. Read more about this company here.
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Trading Ideas
Gran Tierra Energy Inc (AMEX:
Gran Tierra Energy Inc (AMEX: GTE) is definitely still a good buy even though it went from "buy" to "neutral". Palm Inc (NASDAQ: PALM) who went from "hold" to "underperform" is still falling so I would suggest that you wait before buying any of this stock... And I don't know enough about the financial situation of miniclip Boston Private Financial Holdings Inc (NASDAQ: BPFH) and Weatherford International Ltd (NYSE: WFT) to make any smart recommendation.
