Fossil, Inc. Shares Among These Downgraded Consumer Goods Stocks

Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Consumer Goods sector for the week ending November 4th, 2011.

  • Fossil (NASDAQ:FOSL): Brean Murray downgraded its rating on this company from Buy to Hold on Oct 31st. The shares recently traded at $97.20, down $6.46, or 6.23% since the analyst’s rating. About the company: Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories. The Company’s products include an extensive line of men’s and women’s fashion watches and jewelry sold under proprietary and licensed brands, handbags, small leather goods, belts, sunglasses, and apparel. Get the most recent company news and stock data here >>
  • Diamond Foods (NASDAQ:DMND): Northland Securities downgraded its rating on this company from Outperform to Market Perform and changed its price target from $100 to $57 on Nov 2nd. The shares recently traded at $39.09, down $13.7, or 25.95% since the analyst’s rating. About the company: Diamond Foods, Inc. is a branded food company specializing in processing, marketing and distributing culinary, snack, in-shell and ingredient nuts. Get the most recent company news and stock data here >>
  • TreeHouse Foods (NYSE:THS): BB&T Capital Mkts downgraded its rating on this company from Buy to Hold on Nov 4th. The shares recently traded at $60.81, up $0.56, or 0.93% since the analyst’s rating. About the company: TreeHouse Foods, Inc. is a food manufacturer servicing primarily the retail grocery and foodservice distribution channels. The Company’s products include non-dairy powdered coffee creamer; canned soups, salad dressings and sauces; salsa and Mexican sauces; jams and pie fillings, pickles, and related products. Get the most recent company news and stock data here >>
  • Kellogg (NYSE:K): Stifel Nicolaus downgraded its rating on this company from Buy to Hold on Nov 4th. The shares recently traded at $50.44, up $0.53, or 1.06% since the analyst’s rating. About the company: Kellogg Company manufactures and markets ready-to-eat cereal and other convenience foods. The Company’s products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world. 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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