Thursday, May 5, 2011

Ratings on (AGN) (ALB) (ARO) (BUD) (CNL) Downgraded by Analysts

Analysts downgraded ratings on Allergan, Inc. (NYSE: AGN), Albemarle Co. (NYSE: ALB), Aeropostale, Inc. (NYSE: ARO), Anheuser Busch (NYSE: BUD) and Cleco Co. (NYSE: CNL) today.

Credit Agricole downgraded Allergan, Inc. (AGN) from an “outperform” rating to an “underperform” rating.

Goldman Sachs (NYSE:GS) downgraded Albemarle Co. (ALB) from a “buy” rating to a “neutral” rating. They have a price target of $75.00 on the company. Goldman cited valuation as the catalyst behind its call.

Brean Murray downgraded Aeropostale, Inc. (ARO) from a “buy” rating to a “hold” rating.

Bank of America (NYSE:BAC) downgraded Anheuser Busch (BUD) from a “buy” rating to a “neutral” rating.

Soleil Securities downgraded Cleco Co. (CNL) from a “buy” rating to a “hold” rating.

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