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Rating: NSM

National Semiconductor Corporation (NYSE: NSM) downgraded to Underweight by Morgan Stanley

Wednesday,  Dec 16, 2015  10:25 AM ET by Lynn Gilbert

Morgan Stanley downgraded National Semiconductor Corporation (NYSE: NSM) to Underweight. Previously, Morgan Stanley rated National Semiconductor Corporation
(NYSE: NSM) to Equal-Weight on 11/08/2013, when the stock price was valued at $36.48. Since then, National Semiconductor Corporation's stock price has lost 68% as of 12/16/2015's recent price of $11.67.

NSTAR was formed through a merger of BEC Energy and Commonwealth Energy System. The company, headquartered in Boston, Massachusetts provides regulated electric and gas utility services and is also engaged intelecommunications and other non-regulated activities. NSTAR, through its subsidiaries, Boston Edison Company, Cambridge Electric Light Company, Commonwealth Electric Company and Commonwealth Gas Company, serves approximately 1.3 million customers throughout Massachusetts. (Press Release)

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