Analyst Moves: HES, RIMMThursday, January 31, 4:00 PM ET
Hess (NYSE:HES ) was downgraded by UBS (NYSE:UBS ) from buy to neutral with a price target of $70, as the stock price has appreciated considerably during the rally of the last several weeks.
Shares are lower by about half of one percent.
Research in Motion (RIMM ) was downgraded by Credit Suisse (NYSE:CS ) to underperform from neutral with a price target of $10, as the company faces a very difficult transition period.
Shares are lower by about 5.8 percent.
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Wednesday Sector Laggards: Home Furnishings & Improvement, Music & Electronics Stores
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