4 Services Stocks Downgraded by Analysts the Week Ending Nov 11th

Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Services sector for the week ending November 11th, 2011.

  • Medifast (NYSE:MED): Canaccord Genuity downgraded its rating on this company from Buy to Hold on Nov 7th. The shares recently traded at $15.02, up $0.29, or 1.97% since the analyst’s rating. About the company: Medifast, Inc. combines physician-supervised weight loss programs with nutritional supplements and multidisciplinary patient education programs. The Company provides an Internet-based physician and medical practitioner network to consumers. Medifast also provides a corporate wellness program for large corporations, associations, and their health insurance carriers. Get the most recent company news and stock data here >>
  • American Science & Engineering (NASDAQ:ASEI): The Benchmark Company downgraded its rating on this company from Hold to Sell and changed its price target to $58 on Nov 8th. The shares recently traded at $73.69, up $1.95, or 2.72% since the analyst’s rating. About the company: American Science and Engineering, Inc. provides X-ray detection and imaging products used for the detection of illegal drugs, terrorist explosives, and smuggled goods. The Company’s equipment, purchased by government and commercial clients, utilizes transmission and backscatter X-ray detection to provide differentiation of bombs, drugs, and contraband in camouflaged environments. Get the most recent company news and stock data here >>
  • Hibbett Sporting (NASDAQ:HIBB): Longbow downgraded its rating on this company from Buy to Neutral on Nov 9th. The shares recently traded at $43.86, up $2.13, or 5.1% since the analyst’s rating. About the company: Hibbett Sports Inc. operates a chain of sporting goods stores in the southeastern United States. The stores sell athletic footwear, apparel, and equipment. Get the most recent company news and stock data here >>
  • TBS International (NASDAQ:TBSI): Dahlman Rose downgraded its rating on this company from Hold to Sell and changed its price target to $0.25 on Nov 9th. The shares recently traded at $0.60, down $0.01, or 1.64% since the analyst’s rating. About the company: TBS International Plc. is an ocean transportation services company that offers worldwide shipping solutions through liner, parcel, bulk and vessel chartering services. The Company provides scheduled voyages on trade routes between Latin America, China, Japan and South Korea as well as ports in North America and Africa. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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