Diamond Foods (NASDAQ:DMND) was downgraded from hold to underperform by Jefferies (JEF) as the company still must answer questions with regards to its earnings restatement. A $10 price target was issued.
Shares are lower by about one and a half percent.
Sina (NASDAQ:SINA) was downgraded by Citigroup (NYSE:C) from buy to sell with a price target of $45 as the company issued weak guidance, and due to ongoing challenges in the mobile portal market.
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