Credit Suisse Updates 6/29/11

Penn Virginia Corp PVA had its rating downgraded from Outperform to Neutral. At the same time, its price target was reduced from $22 to $15. On Tuesday, Penn Virginia lost 3.39% of its value to finish the day at $13.96. Its shares continued to slide in today's pre-market trading, falling 2.29% to $13.64. Dynex Capital DX had its coverage initiated with Neutral and PT of $10. On Tuesday, Dynex added 0.93% to its value to end the day at $9.80. Goldman Sachs Group Inc. GS had its rating reiterated at Outperform. At the same time, its price target has been lowered to $170 from $190. On Tuesday, Goldman Sachs lost 1.11% of its value to finish the day at $129.26. Its shares rebounded in today's pre-market trading, however, rising 0.96% to $130.50. Sherwin-Williams Company SHW had its rating reiterated at Underperform. On Tuesday, Sherwin-Williams added 0.76% to its value to close the day at $83.51.
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Posted In: DowngradesPrice TargetInitiationReiterationAnalyst RatingsConsumer DiscretionaryCredit SuisseDynexEnergyFinancialsGoldman SachsHome Improvement RetailInvestment Banking & BrokerageMortgage REIT'sOil & Gas Exploration & ProductionPenn VirginiaSherwin-Williams
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