Friday, August 26, 2011

China Sunergy (CSUN) (ECA) (HPQ) (MT) Downgraded

China Sunergy Co. Ltd (NASDAQ: CSUN), EnCana Co. (NYSE: ECA), Hewlett-Packard (NYSE: HPQ) and ArcelorMittal ADR (NYSE: MT) downgraded by analysts.

China Sunergy Co. Ltd (CSUN) was downgraded by Collins Stewart from a “Buy” rating to a “Neutral” rating. They have a price target of $1.60 on the company, down from $2.50.

EnCana Co. (ECA) was downgraded by The Benchmark Company from a “Buy” rating to a “Hold” rating.

Hewlett-Packard (HPQ) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating. They have a price target of $30.00 on the company, down from $35.00.

ArcelorMittal (MT) was downgraded by Nomura from a “Buy” rating to a “Neutral” rating.

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