Filed under: Analyst reports, Analyst upgrades and downgrades, Sara Lee Corp (SLE), Monster Worldwide (MNST), Kraft Foods’A’ (KFT)

MOST NOTEWORTHY: Priceline.com, Monster and Internap were today’s noteworthy downgrades:

• Susquehanna downgraded Priceline.com (NASDAQ: PCLN) to Neutral from Positive as they believe upside may be difficult given the macro environment, competition, and currency headwinds.
• JP Morgan lowered Monster (NASDAQ: MNST) to Neutral from Overweight following the company’s expectations for higher 1Q08 operating expenses.
• Internap (NASDAQ: INAP) was downgraded by Merriman to Neutral from Buy as they believe upside will be limited until the company can complete its integration of the VitalStream CDN acquisition.

OTHER DOWNGRADES:

• JP Morgan cut Sara Lee (NYSE: SLE) and Kraft Foods (NYSE: KFT) to Neutral from Overweight.
• Volkswagen (OTC: VLKAY) was downgraded at WestLB to Add from Buy.
• Merrill downgraded Getty Realty (NYSE: GTY) to Sell from Neutral.

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This entry was posted on Wednesday, March 19th, 2008 at 11:46 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.