Friday, October 21, 2011

BHP (BHP) (NFX) (FDX) (FSL) (PENN) (PETM) Downgraded

BHP Billiton (NYSE: BHP), Newfield Exploration Co. (NYSE: NFX), FedEx (NYSE: FDX), Freescale Semi (NYSE: FSL), Penn National Gaming (NASDAQ: PENN) and Petsmart Inc (NASDAQ: PETM) had analyst downgrades.

Newfield Exploration Co. (NFX) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

BHP Billiton (BHP) was downgraded by HSBC (NYSE:HBC) from an “Overweight” rating to a “Neutral” rating.

FedEx (FDX) was downgraded by Standpoint Research from a “Buy” rating to a “Hold” rating.

Freescale Semi (FSL) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.

Penn National Gaming (PENN) was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating.

Petsmart Inc. (PETM) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

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