JMP Securities was downgraded follow stocks

Market news

21 May 2012

JMP Securities was downgraded follow stocks

Morgan Stanley (MS) was downgraded to Underperform from Outperform.

Citigroup (C) was downgraded to Underperform from Market Perform.

JPMorgan (JPM) was downgraded to Underperform from Market Perform.

Bank of America (BAC) was downgraded to Underperform from Market Perform.

Before the bell: S&P futures +0.39%, Nasdaq futures +0.41%

European session:

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