Tuesday, April 26, 2011

EastGroup (EGP) (CIB) (CYH) (ININ) Downgraded on April 26

Shares of Bancolombia S.A. (NYSE: CIB), Community Health Systems (NYSE: CYH), EastGroup Properties Inc. (NYSE: EGP) and Interactive Intelligence (NASDAQ: ININ) were all downgraded on April 26 by various brokerages.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Bancolombia S.A. (CIB) from an “Overweight” rating to a “Neutral” rating.

Citigroup (NYSE:C) downgraded Community Health Systems (CYH) from a “Buy” rating to a “Hold” rating. They have a price target of $33 on the company, down from the previous $38.

UBS AG (NYSE:UBS) downgraded EastGroup Properties Inc. (EGP) from a “Buy” rating to a “Neutral” rating.

Morgan Keegan downgraded Interactive Intelligence (ININ) from an “Outperform” rating to a “Market perform” rating. They have a price target of $40.00 on Interactive.

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