Sigma-Aldrich outlines five year financial targets
In a company slides presentation Sigma-Aldrich gave its five year financial targets: Top line organic growth of 7%-8%; expand cumulative operating margins by 2014 to 200-300 bpts and achieve free cash flow of greater than $2B. :theflyonthewall.com
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Today's notable downgrades include: AK Steel (AKS) downgraded to Neutral from Buy at Citigroup...Masimo (MASI) downgraded to Sell from Neutral at Citigroup...True Religion (TRLG) downgraded to Neutral from Buy at Citigroup...True Religion (TRLG) downgraded to Hold from Buy at Brean Murray...Melco Crown (MPEL) downgraded to Hold from Buy at Deutsche Bank...O'Reilly Automotive (ORLY) downgraded to Hold from Buy at Deutsche Bank...Amyris (AMRS) downgraded to Hold from Buy at Deutsche Bank...NCR Corp. (NCR) downgraded to Neutral from Buy at Goldman...Kimco Realty (KIM) downgraded to Neutral from Buy at UBS...Silgan Holdings (SLGN) downgraded to Neutral from Outperform at RW Baird...EXCO Resources (XCO) downgraded to Neutral from Outperform at RW Baird...Federated Investors (FII) downgraded to Neutral from Buy at BofA/Merrill...Sigma-Aldrich (SIAL) downgraded to Neutral from Buy at BofA/Merrill...Realty Income (O) downgraded to Sector Perform from Outperform at RBC Capital...First Solar (FSLR) downgraded to Neutral from Buy at Collins Stewart...Monolithic Power (MPWR) downgraded to Hold from Buy at Craig-Hallum...Activision Blizzard (ATVI) downgraded to Neutral from Outperform at Macquarie...Electronic Arts (EA) downgraded to Neutral from Outperform at Macquarie...Ryland Group (RYL) downgraded to Sector Perform from Outperform at FBN Securities...Lennar (LEN) downgraded to Underperform from Sector Perform at FBN Securities...Beazer Homes (BZH) downgraded to Underperform from Sector Perform at FBN Securities...Hovnanian (HOV) downgraded to Underperform from Sector Perform at FBN Securities...Standard Pacific (SPF) downgraded to Underperform from Sector Perform at FBN Securities...Sirius XM (SIRI) downgraded to Hold from Buy at Gabelli. :theflyonthewall.com
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