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Top Traded Downgraded Stocks (RST, BOOT, QLGC, BEC)
Posted on July 23rd, 2010 No commentsRosetta Stone Inc. (NYSE:RST) fell 13.68% to $22.03 after analyst at Sidoti & Co. downgraded the company’s rating to “Neutral” from “Buy. “ and cut the price target from by $9 to $23.
Rosetta Stone Inc. is a provider of technology-based language learning solutions. The Company develops, markets and sells language learning solutions consisting of software, online services and audio practice tools primarily under its Rosetta Stone brand. Its teaching method, called as Dynamic Immersion, is designed to use the innate, natural language learning ability that children use to learn their native language.
LaCrosse Footwear, Inc. (NASDAQ:BOOT) slid 13.07% to $15.30 after DA Davidson downgraded the stock to “Neutral” from “Buy” and lowered the price target by $4 to $18.
LaCrosse Footwear, Inc. (LaCrosse) is a developer and marketer of footwear for work and outdoor users.
QLogic Corporation (NASDAQ:QLGC) shares trading lower by 16% to $15.84 after Pacific Crest Securities cut the rating on the company’s stock to “Sector Perform” from “Outperform “.
QLogic Corporation (QLogic) is a designer and supplier of network infrastructure products that enhance, manage and support the transmission of data from computer servers to storage systems and from computer servers to other servers.
Beckman Coulter, Inc. (NYSE:BEC) shares fell 21.50% to $47.08 after Janney Piper Jaffray downgraded the company’s stock to “Neutral” from “Overweight.”
Beckman Coulter, Inc. is a manufacturer and marketer of biomedical testing instrument systems, tests and supplies. It operates in two segments: segments: Clinical Diagnostics and Life Science.
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