Tuesday, May 17, 2011

Ratings on (CRARY) (ECT) (FXCM) (GDP) (NYX) Downgraded

Ratings on shares of Credit Agricole (OTC: CRARY), ECA Marcellus Trust (NYSE: ECT), FXCM Inc (NASDAQ: FXCM), Goodrich Petroleum Co. (NYSE: GDP) and NYSE Euronext (NYSE: NYX) were downgraded by analysts.

Morgan Stanley (NYSE:MS) downgraded Credit Agricole (CRARY) from an “overweight” rating to an “equal weight” rating.

Oppenheimer downgraded ECA Marcellus Trust (ECT) from an “outperform” rating to a “perform” rating.

Citigroup (NYSE:C) downgraded FXCM Inc (FXCM) from a “hold” rating to a “sell” rating. They have a price target of $7.00 on the company, down from $12.50.

Imperial Capital downgraded Goodrich Petroleum Co. (GDP) from an “outperform” rating to a “market perform” rating.

Argus downgraded NYSE Euronext (NYX) from a “buy” rating to a “hold” rating.

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