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Monday, July 25, 2011

Coach (COH) (AF) (NTCT) (EGLE) (GNK) Downgraded

Coach (NYSE: COH), Astoria Financial Co. (NYSE: AF), NetScout Systems, Inc. (NASDAQ: NTCT), Eagle Bulk Shipping Inc (NASDAQ: EGLE) and Genco Shipping & Trading Ltd (NYSE: GNK) downgraded by analysts.

Astoria Financial (AF) was downgraded by Raymond James from an “Outperform” rating to a “Market Perform” rating.

Coach (COH) was downgraded by Cowen from an “Outperform” rating to a “Neutral” rating.

Diana Shipping (DSX) was downgraded by Wells Fargo & Co. (NYSE: WFC) from a “Market Perform” rating to an “Underperform” rating.

Eagle Bulk Shipping (EGLE) was downgraded by Wells Fargo & Co. from a “Market Perform” rating to an “Underperform” rating.

Genco Shipping & Trading Ltd (GNK) was downgraded by Wells Fargo & Co. from a “Market Perform” rating to an “Underperform” rating.

NetScout Systems, Inc. (NTCT) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $18.00 on the company, down from $21.00.

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