Stifel Nicolaus Downgrades Black Diamond To Hold

Analysts at Stifel Nicolaus downgraded Black Diamond Inc BDE from Buy to Hold and removed the price target of $9.00. Black Diamond shares have dropped 12.10% over the past 52 weeks, while the S&P 500 index has surged 12.97% in the same period. Black Diamond shares fell 0.21% to close at $9.66 yesterday.