Ratings on (CPGI) (HALL) (HTLD) (KNX) Downgraded

Ratings on China Packaging Group (NASDAQ: CPGI), Hallmark Financial Services, Inc. (NASDAQ: HALL), Heartland Express, Inc. (NASDAQ: HTLD) and Knight Transportation (NYSE: KNX) were downgraded by analysts.

Oppenheimer downgraded China Packaging Grp (CPGI) from an “outperform” rating to a “perform” rating. They have a price target of $3.50 on the company, down from $7.00.

Piper Jaffray (NYSE:PJC) downgraded Hallmark Financial Services, Inc. (HALL) from an “overweight” rating to a “neutral” rating. They have a price target of $7.50 on the company, down from $10.00.

Robert W. Baird downgraded Heartland Express, Inc. (HTLD) from an “outperform” rating to a “neutral” rating. They have a price target of $19.00 on the company, down from $20.00.

Robert W. Baird downgraded Knight Transportation (KNX) from an “outperform” rating to a “neutral” rating. They have a price target of $20.00 on the company, down from $22.00.