Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Industrial Goods sector for the week ending November 4th, 2011.
- Ryland Group (NYSE:RYL): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold on Nov 1st. The shares recently traded at $13.35, up $0.69, or 5.45% since the analyst’s rating. About the company: The Ryland Group, Inc. is a homebuilder and mortgage-related finance firm. The Company’s homebuilding segment specializes in the sale and construction of single-family attached and detached housing. Ryland’s financial services segment provides various mortgage-related products and services for retail customers. Get the most recent company news and stock data here >>
- Ultralife (NASDAQ:ULBI): Ardour Capital downgraded its rating on this company from Accumulate to Hold and changed its price target from $5.75 to $4.5 on Nov 4th. The shares recently traded at $4.65, up $0.21, or 4.73% since the analyst’s rating. About the company: Ultralife Corporation is a battery, energy and communication product company that serves government, defense and commercial customers. The Company’s energy services provides back-up/stationary power services and solutions to the communications, power utility and data processing industries. The battery and energy product segment provides non-rechargeable and rechargeable batteries. Get the most recent company news and stock data here >>
- Watts Ind (NYSE:WTS): Longbow downgraded its rating on this company from Buy to Neutral on Nov 4th. The shares recently traded at $35.70, up $0.03, or 0.08% since the analyst’s rating. About the company: Watts Water Technologies, Inc. designs, manufactures, and sells a line of products to the water regulation and control markets. The Company has manufacturing plants and distribution channels in the United States, Canada, and Europe, as well as a joint venture in The People’s Republic of China. 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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