Thursday, September 22, 2011

Orexigen (OREX) (AZO) (LPL) (BBD) (JEF) (CAB) Downgraded

Orexigen Therapeutics, Inc. (NASDAQ: OREX), AutoZone, Inc. (NYSE: AZO), LG Display Co Ltd. (NYSE: LPL), Banco Bradesco SA (NYSE: BBD), Jefferies Group, Inc. (NYSE: JEF) and Cabela’s Incorporated (NYSE: CAB) were downgraded by analysts.

Orexigen Therapeutics, Inc. (OREX) was downgraded by Lazard Capital from a “Neutral” rating to a “Sell” rating.

AutoZone, Inc. (AZO) was downgraded by Gabelli from a “Buy” rating to a “Hold” rating.

LG Display Co. Ltd. (LPL) was downgraded by Nomura from a “Buy” rating to a “Neutral” rating.

Banco Bradesco SA (BBD) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Jefferies Group, Inc. (JEF) was downgraded by Ticonderoga from a “Buy” rating to a “Neutral” rating.

Cabela’s Incorporated (CAB) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating. They have a price target of $22.00 on the company, down from $30.00.

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