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Dolby Laboratories (DLB) [hlAlert]

Rating:
Underweight
DLB
down 7.09 %

Dolby Laboratories (DLB) downgraded to Underweight by JP Morgan

Posted on: Wednesday,  Jul 18, 2012  8:25 AM ET by JP Morgan

JP Morgan rated Underweight Dolby Laboratories (NYSE: DLB) on 07/18/2012. Previously JP Morgan rated Overweight Dolby Laboratories (NYSE: DLB) on 06/01/2009.,
when the stock price was $37.23. Since then, Dolby Laboratories has lost 7.09% as of 07/18/2012's recent price of $34.59.
If you would have followed the previous JP Morgan's recommendation on DLB, you would have lost 7.09% of your investment in 1143 days.

Dolby Laboratories develops and delivers products and technologies that make the entertainment experience more realistic and immersive. For nearly four decades, Dolby has been at the forefront of defining high-quality audio and surround sound in cinema, broadcast, home audio systems, cars, DVDs, headphones, games, televisions, and personal computers. Based in San Francisco with headquarters in England, the company has entertainment industry liaison offices in New York and Los Angeles, and licensing liaison offices in London, Shanghai, Beijing, Hong Kong, and Tokyo.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 8:25 AM Sell
None
34.59
as of 12/31/2012
1 Week up  1.93 %
1 Month up  12.10 %
3 Months up  10.44 %
1 YTD up  28.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/1/2009 8:25 AM Buy
None
37.23
5/1/2009 8:25 AM Hold
None
39.16
6/26/2007 11:25 AM Buy
None
33.69

(*) Stock Price at the time of the recommendation.
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