New York, November 9th (TradersHuddle.com) – Following are some of the downgrades before the market open.
Alaska Communications Systems (NASDAQ:ALSK) was downgraded to Underperform from Neutral at Bank of America Merrill and to Underperform from Sector Perform at RBC Capital Markets.
Blue Nile (NASDAQ:NILE) was downgraded to a Sell from Hold at Deutsche Bank.
Central European Distribution Corp. (NASDAQ:CEDC) was downgraded to a Hold from Buy at Deutsche Bank.
DemandTec (NASDAQ:DMAN) was downgraded to Underweight from Equal Weight at Morgan Stanley.
Endeavour International (NYSE:END) was downgraded to a Neutral from Buy at Citigroup.
Medicis (NYSE:MRX) was downgraded to Market Perform from Outperform at Wells Fargo.
Principal Financial (NYSE:PFG), the financial firm offering retirement solutions and health insurance, was downgraded to Underweight from Equal Weight at Morgan Stanley.
Targacept (NASDAQ:TRGT) was downgraded to a Neutral from Buy at Lazard.
SolarWinds (NYSE:SWI) was upgraded to a Buy from Hold at Needham. The firm set its target price at $36.