Raymond James downgraded shares of GSI Commerce (GSIC), a provider of e-commerce and interactive marketing services to businesses, from an “outperform” rating to a “market perform” rating.
Goldman Sachs downgraded shares of Jones Apparel Group Inc. (JNY) from a “neutral” rating to a “sell” rating. They now have a $11.00 price target on the stock, down previously from $13.00.
Keybanc downgraded shares of NN Inc. (NNBR) from a “buy” rating to a “hold” rating.
RBC Capital downgraded shares of North American Palladium Ltd. (PAL) to a “sector perform” rating.
Canaccord Genuity downgraded shares of Universal Display Co. (PANL) from a “buy” rating to a “hold” rating.
JPMorgan Chase & Co. downgraded shares of Koninklijke Philips Electronics ADR (PHG) to an “overweight” rating.
William Blair downgraded shares of Ralcorp Holdings Inc. (RAH) from an “outperform” rating to a “market perform” rating.
Imperial Capital downgraded shares of Rosetta Resources Inc. (ROSE) to an “outperform” rating. They noted that the move was a valuation call.
Bank of America Merrill Lynch downgraded shares of Smithfield Foods Inc. (SFD) from an “underperform” rating to a “sell” rating. They now have a $20.00 price target on the stock.
Lazard Capital downgraded shares of Talbots (TLB) from a “buy” rating to a “neutral” rating.
Bank of America Merrill Lynch downgraded shares of Tyson Foods Inc. (TSN) from a “buy” rating to an “underperform” rating. They now have a $17.00 price target on the stock.
WestLB downgraded shares of Veolia Environnement (VE) to a “buy” rating.
Bank of America Merrill Lynch downgraded shares of Archer Daniels Midland Company (ADM) from a “buy” rating to an “underperform” rating. They now have a $32.00 price target on the stock.
Janney Montgomery Scott downgraded shares of American Eagle (AEO) from a “buy” rating to a “neutral” rating. They now have a $15.00 price target on the stock.
ING Group downgraded shares of BASF SE (BASFY) from a “buy” rating to a “hold” rating.
Craig Hallum downgraded shares of Sotheby's (BID) from a “buy” rating to an “accumulate” rating. They now have a $50.00 price target on the stock.
BMO Capital Markets downgraded shares of Diodes (DIOD) from an “outperform” rating to a “market perform” rating. They now have a $34.00 price target on the stock.
Dahlman Rose downgraded shares of RRI Energy, Inc. (GEN) from a “buy” rating to a “hold” rating.
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