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 (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.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.