Analysts Issue New Lower Ratings on These 4 Big Stocks

Following is information on new analyst downgrades for June 23rd, 2011:

  • Flow (NASDAQ:FLOW): McAdams Wright Ragen downgraded this stock from Buy to Hold.  The shares are trading at $3.23, and have traded in a 52-week range of $2.03 to $4.72.  Its market capitalization is $152.88 million.  About the company:  Flow International Corporation designs, develops, manufactures, markets, and services ultrahigh-pressure waterjet cutting and cleaning systems, specialized robotics systems, and food safety applications. The Company’s waterjet systems are used to cut both metallic and nonmetallic materials in many industry segments, including the aerospace, automotive, food, and paper industries.
  • Discovery (NASDAQ:DISCA): UBS (NYSE:UBS) downgraded this stock from Buy to Neutral.  The shares are trading at $40.18, and have traded in a 52-week range of $34.70 to $45.81.  Its market capitalization is $16.39 billion.  About the company:  Discovery Communications, Inc. provides non-fiction entertainment. The Company operates a wide range of educational television channels as well as offers consumer and educational products and services, and a diversified portfolio of digital media services. Competitors to Watch: Scripps Networks Interactive, Inc. (NYSE:SNI), CBS Corporation (NYSE:CBS), Outdoor Channel Hldgs., Inc. (NASDAQ:OUTD), Liberty Media Corp (NASDAQ:LINTA), The Walt Disney Company (NYSE:DIS), News Corporation (NASDAQ:NWSA), AOL (NYSE:AOL), Comcast (NASDAQ:CMCSA), Madison Square Garden, Inc. (NASDAQ:MSG), Time Warner Inc. (NYSE:TWX), and Point.360 (NASDAQ:PTSX).
  • Time Warner (NYSE:TWX): UBS (NYSE:UBS) downgraded this stock from Buy to Neutral.  The shares are trading at $34.76 and have traded in a 52-week range of $27.99 to $38.62.  Its market capitalization is $37.22 billion.  About the company:  Time Warner Inc. is a media and entertainment company. The Company’s businesses include cable television networks that provide programming, feature films, television and home video production and distribution, and magazine publishing. Competitors to Watch: News Corp. (NASDAQ:NWS), Walt Disney Co. (NYSE:DIS), CBS Corporation (NYSE:CBS), Viacom, Inc. (VIA.B), Comcast Corporation (NASDAQ:CMCSA), Liberty Global Inc. (NASDAQ:LBTYA), Sony Corporation (NYSE:SNE), and Gannett Co., Inc. (NYSE:GCI).
  • Sagent Pharma (SGNT): Needham downgraded this stock from Buy to Hold.  The shares are trading at $27.76 and have traded in a 52-week range of $17.98 to $29.23.  Its market capitalization is $772.51 million.  About the company:  Sagent Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in developing, manufacturing, sourcing, and marketing pharmaceutical products, principally injectable-based generic equivalents primarily in the United States.

(Note: Selected financial data are sourced from Yahoo! Finance.  All data are assumed to be accurate.)

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