Tuesday, June 7, 2011

Ratings on (BTE) (LOW) (NOA) (SMG) (LO) Downgraded

Analysts downgraded ratings on Baytex Energy Corp (NYSE: BTE), Lowe’s (NYSE: LOW), North American Energy Partners Inc (NYSE: NOA), Scotts Miracle-Gro (NYSE: SMG) and Lorillard Inc. (NYSE: LO).

TD Newcrest downgraded Baytex Energy Corp (BTE) from a “buy” rating to a “hold” rating.

Morgan Stanley (NYSE:MS) downgraded Lorillard Inc. (LO) from an “overweight” rating to an “equal weight” rating. They have a price target of $105.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Lowe’s (LOW) from an “overweight” rating to a “neutral” rating. They have a price target of $26.00 on the company.

Raymond James (NYSE:RJF) downgraded North American Energy Partners Inc (NOA) from an “outperform” rating to a “market perform” rating.

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