Bank Analysts Downgrade Texas Instruments and Others August 11th

Wall St. Watchdog reveals information about companies for which stock analysts downgraded the shares on August 11th:

  • Linear Tech (NASDAQ:LLTC): Longbow downgraded its rating on these shares from Buy to Neutral. About the company: Linear Technology Corporation designs, manufactures, and markets a line of linear integrated circuits. The Company’s products include high performance amplifiers, comparators, voltage references, monolithic filters, linear regulators, DC-DC converters, battery chargers, data converters, communications interface circuits, and RF signal conditioning circuits.
  • Texas Instruments (NYSE:TXN): Longbow downgraded its rating on these shares from Buy to Neutral.  About the company:  Texas Instruments Incorporated is a global semiconductor company that designs and supplies analog technologies, digital signal processing and microcontroller semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses. Texas Instruments has manufacturing or sales operations in countries around the world.
  • Intersil (NASDAQ:ISIL): Longbow downgraded its rating from Buy to Neutral.  No price target was given.  About the company: Intersil Corporation designs and manufactures high performance analog semiconductors. The Company’s products are used in flat panel displays, optical storage, and power management applications.
  • Maxim Integrated (NASDAQ:MXIM): Longbow downgraded its rating from Buy to Neutral. No price target was given.  About the company: Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a broad range of linear and mixed-signal integrated circuits. The Company also provides a range of high-frequency design processes and capabilities that can be used in custom design.
  • Venoco (NYSE:VQ): Stifel Nicolaus downgraded its rating on these shares from Buy to Hold.  No price target was given.  About the company:  Venoco Inc. is an onshore and offshore oil and gas exploration and production company.
  • Primo Water (NASDAQ:PRMW): Stifel Nicolaus downgraded its rating on these shares from Buy to Hold.  No price target was given.  About the company: Primo Water Corp. provides purified bottled water and water dispensers. The Company provides water dispensers, bottles and a service to exchange empty bottles at major retailers.
  • China Information Tech (NASDAQ:CNIT): Rodman & Renshaw downgraded its rating on these shares from Mkt Outperform to Mkt Perform.  No price target was given.  About the company: China Information Technology, Inc. provides integrated solutions for the digital security sector, the Geographic Information Systems, or GIS sector, and the digital hospital information sector. The Company provide systems that include First Responder Coordination Platform, Intelligent Recognition System, Residence Card Information Management System, and police use GIS products.
  • Duncan Energy (NYSE:DEP): Ladenburg Thalmann downgraded its rating on these shares from Buy to Neutral and changed its price target to $44.  About the company: Duncan Energy Partners L.P. gathers, transports, markets and stores natural gas, natural gas liquids and petrochemicals.

(Note: Data on stock ratings are sourced from Briefing.com, via the Wall St. Journal.  All data are assumed to be accurate.)

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