Raymond James Downgrades International Rectifier To Market Perform

Analysts at Raymond James downgraded International Rectifier

from Strong Buy to Market Perform and removed the target price of $32. International Rectifier shares have surged 57.98% over the past 52 weeks, while the S&P 500 index has gained 19.89% in the same period. International Rectifier's shares jumped 47.21% to close at $39.10 yesterday.