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TMCNet:  SmarTrend(R) News Watch: Today's Analyst Downgrades

[May 12, 2009]

SmarTrend(R) News Watch: Today's Analyst Downgrades

May 12, 2009 (SmarTrend(R) News Watch via COMTEX) -- American Express (NYSE:AXP) initiated as Underperform at RBC... Barclays (NYSE:BCS) cut to Neutral at Credit Suisse... Buckle (NYSE:BKE) cut to Underweight at KeyBanc... Ciena (NASDAQ:CIEN) cut to Underperform at JMP Securities... Cubic (NYSE:CUB) raised to Neutral at JPMorgan... Dril-Quip (NYSE:DRQ) raised to Equalweight at Morgan Stanley... Energy Conversion Devices (NASDAQ:ENER) cut to Hold at Citi; Cut to Neutral at Credit Suisse... General Communications (NASDAQ:GNCMA) raised to Sector Perform at RBC... International Paper (NYSE:IP) cut to Hold at Deutsche Bank... Invesco Ltd. (NYSE:IVZ) cut to Neutral at Goldman... Janus Capital (NYSE:JNS) cut to Sell at Goldman... Liberty Media (NASDAQ:LINTA) cut to Sell at Citi... LSB Industries (NYSE:LXU) cut to Hold at Roth Capital... Physicians Formula (NASDAQ:FACE) cut to Hold at Citigroup... Royal Bank of Scotland (NYSE:RBS) cut to Underperform at Credit Suisse... StatoilHydro (NYSE:STO) cut to Hold at Societe Generale... Syngenta (NYSE:SYT) cut to Neutral at JPMorgan... Taiwan Semiconductor (NYSE:TSM) cut To Market Perform at FBR... Temple-Inland (NYSE:TIN) cut to Hold at Deutsche Bank... ViaSat (NASDAQ:VSAT) cut to Hold at Collins Stewart... VNUS Medical Technologies (NASDAQ:VNUS) cut to Hold, $29 target, at Roth Capital...

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