Source: Forbes 2/3/2009
Avon Shares Slide on Analyst Downgrades
Shares retreated $1.30, or 6.3 percent, to $19.15 in afternoon trading. The stock has declined 14.9 percent so far this year.
Yahoo! BuzzAnalyst Andrew Sawyer of Goldman Sachs (nyse: GS - news - people ) cut his rating on the stock to "Neutral" from "Buy" and said there are limited catalysts to drive the shares higher.
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