Stifel Nicolaus Downgrades Quality Distribution To Hold

Analysts at Stifel Nicolaus downgraded Quality Distribution Inc (NASDAQ: QLTY) from Buy to Hold and removed the price target of $13.00. Quality Distribution shares have gained 19.97 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. Quality Distribution shares fell 0.25 percent to $15.70 in pre-market trading.