DMND jumped nearly 9% out of the gate to $28.90, after a better-than-expected fiscal fourth-quarter earnings report overshadowed a price-target cut to $33 from $35 at BB&T. On the charts, the stock has tacked on 12% year-to-date, and -- while call selling was present ahead of last night's event -- most option traders have been optimistic.
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Analyst Downgrades: United Technologies Corporation, Diamond Foods, Inc., and Juniper Networks, Inc.
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