Today’s Analyst Downgraded Stocks: SPG, MSTR, AAI, IVAC

Simon Property Group, Inc (NYSE:SPG) shares went up 1.01% to $99.61 this morning after a downgrade by Hilliard Lyons from Long-Term Buy to Neutral. Also the company announced its quarterly dividend of 80 cents per share, an increase of about 33% over its prior dividend in August of 60 cents. MicroStrategy Incorporated (NASDAQ:MSTR) plunged 7.93% at $83.39 after Roth Capital downgraded the stock from Buy to Neutral. Price Target lowered from $105 to $90. The company also yesterday reported a reduced net profit for the third quarter of 2010, down to USD7.4m, or USD0.63 per share, from the USD21.4m, or USD1.73 per share, reported in the same quarter last year. AirTran Holdings, Inc. (NYSE:AAI) downgrade from Argus from Buy to Hold. AAI closed at $7.41 in the previous trading session. AirTran Holdings, Inc. (AirTran) conducts all of its flight operations through its wholly owned subsidiary, AirTran Airways, Inc. (AirTran Airways). Intevac, Inc. (NASDAQ:IVAC) soared 19.01% to $11.58 in the morning session. Noble Financial downgrades the stock from Buy to Hold.
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