(EMAILWIRE.COM, March 15, 2010 ) Dallas, Tx - Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) fell 4% to $22.41 after Jefferies & Co downgraded their rating on the company’s share from Buy to Hold and maintain a price target of $25.

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Lam Research Corporation (NASDAQ:LRCX) fell 4% to $32.87 after Oppenheimer downgraded their rating on the company’s share from Outperform to Market Perform and smashed their price target by $20 to $35.

GMX Resources Inc. (NYSE:GMXR) fell 2% to $9.39 after Canaccord Adams downgraded their rating on the company’s share from Buy to Hold.

Sara Lee Corp. (NYSE:SLE) fell 0.80% to $13.92 after Standpoint Research downgraded their rating on the company’s share from Buy to Neutral.

ARM Holdings plc (ADR) (NASDAQ:ARMH) fell 2.80% to $10.14 after UBS downgraded their rating on the company’s share from Buy to Neutral.

Smith International, Inc. (NYSE:SII) fell 0.22% to $43.50 after Bernstein downgraded their rating on the company’s share Outperfrom to Market Perform, while increased their price target by $19 to $56.

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