Wall Street News Alert -- Analyst Downgrade IMGC, BEC, IVX, SEBL, APPX.

0 Comments | M2 Presswire, May, 2003

M2 PRESSWIRE-15 May 2003-Wall Street Capital Funding: Wall Street News Alert -- Analyst Downgrade IMGC, BEC, IVX, SEBL, APPX(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:05152003 Weston, FLA. -- Analyst downgraded Intermagnetics (NASDAQ: IMGC), Beckman Coulter (NYSE: BEC), Ivax Corp (AMEX: IVX), Siebel Systems (NASDAQ: SEBL) and American Pharmaceutical (NASDAQ: APPX) this morning.

Intermagnetics (NASDAQ: IMGC) cut to Sector Perform at RBC Capital Mkts: Firm would use "positive" Marconi catalyst as profit taking window as lower FY04 EPS suggests reduced upside. Target goes to $21. Beckman Coulter (NYSE: BEC) cut to Equal-Weight at Morgan Stanley: The downgrade from Overweight follows significant outperformance by the stock in recent months. The stock is now...

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