Analysts Downgrade Shares of Frontline and Big Lots in November
Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Services sector for the week ending November 25th, 2011.
- Frontline (NYSE:FRO): FBR Capital downgraded its rating on this company from Mkt Perform to Underperform and changed its price target to $1.5 on Nov 23rd. The shares recently traded at $2.92, up $0.1, or 3.55% since the analyst’s rating. About the company: Frontline Limited owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The Company’s vessels are managed by ship management companies. Frontline conducts activities worldwide. Get the most recent company news and stock data here >>
- Big Lots (NYSE:BIG): Barclays Capital downgraded its rating on this company from Overweight to Equal Weight and changed its price target to $38 on Nov 24th. The shares recently traded at $38.15, up $1.33, or 3.61% since the analyst’s rating. About the company: Big Lots, Inc. is a broadline closeout retailer that operates stores across the United States. The Company’s stores offer an assortment of merchandise, including consumables, seasonal products,furniture, housewares, toys, and gifts. 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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