Honda (ADR: HMC) downgraded by CSFB to "neutral"

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 |  About: Honda Motor Co., Ltd. (HMC)
by: Steven Towns

Honda Motor Co., Ltd., (NYSE:HMC) was downgraded by Credit Suisse First Boston (ADR: CSR) from "outperform" to "neutral."

UPDATE: After the downgrade on Thursday, Honda's ADRs were down .51 (-1.76%) to close at $28.40 on Friday, the last day of trading for the third quarter.