Friday, May 6, 2011

Ratings on (ADS) (BCSI) (BPO) (CIB) (CIM) Downgraded

Ratings on Alliance Data Systems Co. (NYSE: ADS), Blue Coat (NASDAQ: BCSI), Brookfield Properties Co. (NYSE: BPO), Bancolombia S.A. (NYSE: CIB) and Chimera Investment Co. (NYSE: CIM) downgraded by analysts today.

Goldman Sachs (NYSE:GS) downgraded Alliance Data Systems Co. (ADS) from a “neutral” rating to a “sell” rating. They have a price target of $77.00 on the company.

Signal Hill downgraded Blue Coat (BCSI) to a “hold” rating.

RBC Capital downgraded Brookfield Properties Co. (BPO) from an “outperform” rating to a “sector perform” rating. They have a price target of $21.00 on the company, up from $18.75.

HSBC (NYSE:HBC) downgraded Bancolombia S.A. (CIB) from a “neutral” rating to an “underweight” rating.

Cantor Fitzgerald downgraded Chimera Investment Co. (CIM) from a “buy” rating to a “hold” rating.

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