Downgrades: BIG, FXCM, GGG, MTL, SPIL, SSNC

Published on Friday, 10 August 2012 08:21 Written by Danny Miller

BIGNew York, August 10th  (TradersHuddle.com) – Following are some of the analysts’ downgrades before the market open.

 

Big Lots (NYSE: BIG) was downgraded to Underweight from Neutral at JPMorgan.

 

FXCM Inc. (NYSE: FXCM) was downgraded to a Neutral from Buy at Citigroup.

 

Graco (NYSE: GGG) was upgraded to Outperform from Perform at Oppenheimer. The firm set its target price at $58.

 

Mechel OAO (NYSE: MTL) was downgraded to Underperform from Neutral at Credit Suisse.

 

Siliconware Precision Industries (NASDAQ: SPIL) was upgraded to Outperform from Market Perform at Bernstein.

 

SS&C Technologies Holdings (NASDAQ: SSNC) was downgraded to a Hold from Buy at Jefferies.

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