Monday, November 7, 2011

Transocean (RIG) (SGEN) (SD) (PCG) (MED) Downgraded

Transocean (NYSE: RIG), Seattle Genetics, Inc. (NASDAQ: SGEN), SandRidge Energy Inc. (NYSE: SD), PG&E Co. (NYSE: PCG) and Medifast, Inc. (NYSE: MED) were downgraded by analysts.

Transocean (RIG) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.

Seattle Genetics, Inc. (SGEN) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating.

SandRidge Energy Inc. (SD) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

PG&E Co. (PCG) was downgraded by Caris & Company from a “Buy” rating to a “Hold” rating.

Medifast, Inc. (MED) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

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