Friday, September 23, 2011

Diamond (DMND) (CMTL) (WFSL) (CRARY) (URBN) (FWRD) Downgraded

Diamond Foods (NASDAQ: DMND), Comtech Telecom (NASDAQ: CMTL), Washington Federal Inc. (NASDAQ: WFSL), CREDIT AGRICOLE SA (OTC: CRARY), Urban Outfitters, Inc. (NASDAQ: URBN) and Forward Air (NASDAQ: FWRD) were downgraded by analysts.

Diamond Foods (DMND) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $94.00 on the company.

Comtech Telecom (CMTL) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.

Washington Federal Inc. (WFSL) was downgraded by Macquarie to a “Neutral” rating.

CREDIT AGRICOLE SA (CRARY) was downgraded by Macquarie from an “Outperform” rating to an “Underperform” rating.

Urban Outfitters, Inc. (URBN) was downgraded by Wedbush from a “Neutral” rating to an “Underperform” rating. They have a price target $20.00 on the company, down from $30.00.

Forward Air (FWRD) was downgraded by Bank of America (NYSE:BAC) to an “Underperform” rating. They have a price target of $28.00 on the company.

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