Lam Research (NASDAQ:LRCX) was downgraded today by JP Morgan (NYSE:JPM) to underweight from neutral with a price target of $35, as the firm expects slower growth during the second half of the year.
Shares are lower by about 4.9 percent.
Genworth Financial (NYSE:GNW) today had its estimates reduced by Credit Suisse (NYSE:CS) due to lower returns in life insurance. A $6 price target was set with a neutral rating.
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Fed Tapers Bond Buying
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