PEET Downgraded On Valuation

Monica Gerson , Benzinga Staff Writer

March 29, 2010 9:02am Comments

Analysts at Janney Montgomery Scott downgrade Peet's Coffee (NASDAQ: PEET) from "buy" to "neutral."

According to Janney Montgomery Scott, the downgrade in the rating is based on valuation.

PEET’s shares gained 0.43% to close at $41.66 on Friday. More Analyst Ratings here

Posted-In: Janney Montgomery Scott Earnings Downgrades Markets Analyst Ratings Trading Ideas

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