Thursday, August 11, 2011

Disney (DIS) (UPL) (CAAS) (JRCC) (PAET) (GMR) Downgraded

Walt Disney (NYSE: DIS), Ultra Petroleum Corp. (NYSE: UPL), China Automotive Systems Inc. (NASDAQ: CAAS), James River Coal Company (NASDAQ: JRCC), PAETEC Holding Corp. (NASDAQ: PAET) and General Maritime Co. (NYSE: GMR) downgraded by analysts.

Ultra Petroleum Corp. (UPL) was downgraded by Howard Weil from an “Outperform” rating to a “Market Perform” rating. They have a price target of $55.00 on the company.

China Automotive Systems Inc. (CAAS) was downgraded by Maxim Group from a “Buy” rating to a “Hold” rating.

Walt Disney (DIS) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target of $39.00 on the company, down from $42.00.

James River Coal Company (JRCC) was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating.

PAETEC Holding Corp. (PAET) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating. They have a price target of $5.00 on the company, down from $6.00.

General Maritime Co. (GMR) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating.

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