Xyratex (XRTX -4.6%) shares slide after Stifel Nicolaus cut its rating to Hold from Buy,...

|About: Xyratex Ltd. (XRTX)|By:, SA News Editor

Xyratex (XRTX -4.6%) shares slide after Stifel Nicolaus cut its rating to Hold from Buy, asserting that the stock now has a more balanced risk/reward after an 80% rally since October. Despite some upside potential, but "uncertainty in the post Western Digital-Hitachi GST combination spending" warrants increased caution at current prices.