Monday, August 8, 2011

BofA (BAC) (CMA) (DNR) (DSX) (PEET) (WMS) Downgraded

Bank of America (NYSE: BAC), Comerica (NYSE: CMA), Denbury Resources Inc. (NYSE: DNR), Diana Shipping Inc. (NYSE: DSX), Peet's Coffee & Tea Inc (NASDAQ: PEET) and WMS Industries Inc. (NYSE: WMS) were downgraded by analysts.

Bank of America (BAC) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

Comerica (CMA) was downgraded by Wells Fargo & Co. from an “Outperform” rating to a “Market Perform” rating.

Denbury Resources Inc. (DNR) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Diana Shipping Inc. (DSX) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $8.50 on the company, down from $14.00.

Peets Coffee & Tea Inc. (PEET) was downgraded by Gabelli from a “Buy” rating to a “Hold” rating.

WMS Industries Inc. (WMS) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.

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