Analysts Downgrades – CBRL, WFR, ROK
The following stocks have recently had their ratings downgraded by stock analysts.
Cracker Barrel (CBRL)Morgan Keegan has downgraded Cracker Barrel’s rating
from: Outperform – to – Mkt Perform. Cracker Barrel Old Country Store, Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store (r) restaurant and retail concept. The Company operates over 500 full-service restaurants and gift shops in 41 states.
MEMC Elec (WFR)Stifel Nicolaus has downgraded MEMC Elec’s rating
from: Buy – to – Hold. Memc Electronic Material is engaged in the manufacture and sale of wafers and has been a pioneer in the design and development of wafer technologies.
Rockwell Automation (ROK)HSBC Securities has downgraded Rockwell Automation’s rating
from: Overweight – to – Neutral
Target Price: $89.00 . Rockwell Automation is a global provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage for its businesses.