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Enter Symbol:
 
Macquarie Infrastructure Company Trust (MIC) [hlAlert]

Rating:
Mkt Perform
MIC
down 18.22 %

Macquarie Infrastructure Company Trust (MIC) downgraded to Mkt Perform by Wachovia

Posted on: Friday,  Aug 8, 2008  8:25 AM ET by Wachovia

Wachovia rated Mkt Perform Macquarie Infrastructure Company Trust (NYSE: MIC) on 08/08/2008. Previously Wachovia rated Outperform Macquarie Infrastructure Company Trust (NYSE: MIC)
on 07/01/2008., when the stock price was $25.96. Since then, Macquarie Infrastructure Company Trust has lost 18.22% as of 08/08/2008's recent price of $21.23.
If you would have followed the previous Wachovia's recommendation on MIC, you would have lost 18.22% of your investment in 38 days.

Macquarie owns, operate and invests in a diversified group of infrastructure businesses, which provide basic, everyday services, in the United States and other developed countries. Its initial businesses and investments consist of an airport services business (Atlantic and AvPorts), an airport parking business (PCAA and Avistar) and a district energy business (Thermal Chicago and Northwind Aladdin), a UK regulated water utility and in Macquarie Communications Infrastructure Group.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2008 8:25 AM Hold
None
21.23
as of 12/24/2008
1 Week down  -16.84 %
1 Month up  92.68 %
3 Months down  -43.43 %
1 YTD down  -122.21 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2008 8:25 AM Buy
None
25.96
3/12/2008 8:25 AM Hold
None
30.60

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