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Tuesday, July 26, 2011

Qiagen (QGEN) (BTN) (CE) (PRSP) (CSC) (CX) Downgraded

Qiagen (NASDAQ: QGEN), Ballantyne Strong, Inc. (NYSE: BTN), Celanese Co. (NYSE: CE), Prosperity Bancshares, Inc. (NASDAQ: PRSP), Computer Sciences (NYSE: CSC) and Cemex SAB de CV (NYSE: CX) downgraded by analysts.

Qiagen (QGEN) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $19.00 on the company, down from $24.00.

Ballantyne Strong, Inc. (BTN) was downgraded by Merriman Curhan Ford from a “Buy” rating to a “Neutral” rating.

Celanese Co. (CE) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Prosperity Bancshares, Inc. (PRSP) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Computer Sciences (CSC) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Cemex SAB de CV (CX) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Hold” rating. They have a price target of $9.50 on the company.

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