Notable Downgrades: Aerie (AERI), Proto Labs (PRLB), Maxwell (MXWL), KLA-Tencor (KLAC), The Spectranetics Corp (SPNC)

Analysts at Canaccord Genuity downgraded Aerie Pharmaceuticals, Inc. (AERI) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Friday. The target price for AERI is lowered from $40 to $12, implying 70% expected downside. Shares of the $327.83 million market cap company are up 118.32% year-over-year and 21.24% year-to-date. Aerie Pharmaceuticals Inc […] View the full post at: Notable Downgrades: Aerie (AERI), Proto Labs (PRLB), Maxwell (MXWL), KLA-Tencor (KLAC), The Spectranetics Corp (SPNC) Related posts: Top Pre-Market Stock Upgrades/Downgrades April 30, 2010 Caterpillar Inc. Downgraded to “Neutral” at BofA Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock