Analyst downgrades: Golar LNG, Yingli Green Energy, Bill Barrett Corp.

February 27th, 2008 | Category: Analyst Reports, Analyst upgrades and downgrades

MOST NOTEWORTHY: Golar LNG, Yingli Green Energy and Bill Barrett were today’s noteworthy downgrades:

Jefferies downgraded shares of Golar LNG (NASDAQ: GLNG) to Hold from Buy on valuation, as they see limited upside by the next 12 months.
Banc of America downgraded shares of Yingli Green Energy (NYSE: YGE) to Neutral from Buy on difficult fundamentals, as they believe solar industry gross margins will continue to contract due to silicon competition and decelerating demand in Spain and Germany.
SunTrust lowered Bill Barrett

Corporation (NYSE: BBG) to Neutral from Buy based on valuation and lack of near-term exploration catalysts.

OTHER DOWNGRADES:

Autodesk (NASDAQ: ADSK) was lowered to build up from Buy at ThinkEquity.
Goldman removed Oneok (NYSE: OKE) from its Conviction Buy List.
Merrill Lynch downgraded Boardwalk Pipeline Partners (NYSE: BWP) to Sell from Buy.

Original post by Eric Buscemi

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.