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07:35 EDTITG
theflyonthewall.com: Investment Technology downgraded following Q3 results at JP Morgan
As reported earlier, JP Morgan downgraded Investment Technology Group to Neutral from Overweight. The firm sees a lack of catalysts after the company's Q3 results missed expectations when excluding a tax adjustment. JP Morgan has a $26 price target on the stock. :theflyonthewall.com



News For ITG From The Last 14 Days
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February 9, 2010
13:18 EDTITG
theflyonthewall.com: Investment Technology announces resignation of CFO Howard C. Naphtali

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February 8, 2010
08:06 EDTITG
theflyonthewall.com: Investment Technology releases January U.S. trading volumes

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February 4, 2010
09:00 EDTITG
theflyonthewall.com: On The Fly: Analysts Downgrade Summary
MOST NOTEWORTHY: Synaptics (SYNA), Western Union (WU) and Investment Technology Group (ITG) were today's noteworthy downgrades: JP Morgan downgraded Synaptics to Neutral from Overweight. The firm cites a lack of positive catalysts and margin concerns for the downgrade and lowered its target on shares to $31. BofA/Merrill downgraded Western Union to Neutral from Buy following the disappointing Q4 report and guidance. The firm cut its target to $20 from $24. Keefe Bruyette downgraded Investment Technology Group to Market Perform from Outperform following the company's weaker than expected Q4 results. The firm lowered its target on shares to $19...OTHER DOWNGRADES: Dreamworks (DWA) was cut to Neutral from Overweight at Piper Jaffray. Monster Worldwide (MWW) was downgraded to Sell from Hold at Deutsche Bank. Roche (RHHBY) was downgraded to Neutral from Buy at UBS. :theflyonthewall.com
05:51 EDTITG
theflyonthewall.com: ITG downgraded to Market Perform from Outperform at Keefe Bruyette

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February 3, 2010
14:54 EDTITG
theflyonthewall.com: Investment Technology reports Q4 adjusted EPS 19c vs. consensus of 34c

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