Monday, January 24, 2011

Downgraded Stocks To Watch (MRO, JCG, MOS, STT)

Marathon Oil Corporation (NYSE:MRO) slid 0.83% to $41.70. Benchmark downgraded Marathon Oil from Hold to Sell. The price target was set at $38. The stock has average daily volume of 6.48 million shares. At current market price, the market capitalization of the company stands at $29.60 billion. J. Crew Group, Inc. (NYSE:JCG) added 0.12% to $43.50. Atlantic Equities downgraded J. Crew Group from Overweight to Neutral. The price target was set at $44. The stock opened at $43.46 and is trading within the range of $43.39-$43.60. The Mosaic Company (NYSE:MOS) dropped 5.29% to $72.12. Susquehanna cut its investment rating on the ag-related stock from Positive to Neutral. The firm also reduced its price target on MOS shares from $89 to $85. State Street Corporation (NYSE:STT) fell 0.79% to $47.62. An analyst at Janney Montgomery Scott downgraded shares of State Street from Buy to Neutral this morning. The firm maintained a $48 price target on the stock. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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