THQ Rating Cut By J.P. Morgan

THQ Rating Cut By J.P. Morgan

THQ Rating Cut By J.P. Morgan

The Calabasas-based publisher’s rating was cut from "neutral" to "overweight" by analyst, Dean Gianoukos at the financial firm.

In a research note this morning, Gianoukos said "Given what may be increased earnings volatility into the launch of several hardware platforms as well as increasing R&D, we believe the risk reward profile of [THQ’s] stock in the near term is less favorable at current levels."