Analyst Moves: AIG, EMC
(MarketNewsVideo.com Via Acquire Media NewsEdge) American International Group (AIG) was downgraded by Wells Fargo (WFC) to market perform from outperform due to a lack of catalysts in the near term to drive the stock price higher.
Shares are lower by about one tenth of a percent.
EMC (EMC) was downgraded by Morgan Stanley (MS) to equal weight due to slower growth in the storage market.
Shares are lower by about 1.7 percent.
The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/ id=201301Downgrades2011013&mv=1.
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