This morning, Canaccord Genuity downgraded shares of Williams-Sonoma (NYSE:WSM) from buy to hold as margins could come under pressure over the next few quarters. In the report, Canaccord set $59 price target. Shares of Williams-Sonoma were lower by 1.4% on the news.
Oppenheimer downgraded shares of Corning (NYSE:GLW) from outperform to perform as the display unit could see a slowdown over the rest of 2013. Shares of Corning were lower by 0.8% on Tuesday.
And Raymond James lowered its EPS estimates on shares of Blackberry (NASDAQ:BBRY) through 2015 as recent product launches have not seen encouraging sales trends. In the report, Raymond James maintained its market perform rating. Shares of Blackberry were higher on the Nokia-Microsoft news today, picking up nearly 2% despite the negative report.
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