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Downgrades: Joy Global, MetLife
October 13, 2009
This morning, KeyBanc downgraded shares of Joy Global (JOYG) from Buy to Hold as the stock has become less compelling relative to Bucyrus International (BUCY) and Terex (TEX). While the industry should begin to recover in 2010, KeyBanc analysts believe the reward will be higher for investors outside of Joy Global.
Copyright (2009) Market News Video.
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