Wednesday, August 31, 2011

Northgate (NXG) (CMS) (EMR) (LDK) (NSRGY) Downgraded

Northgate Minerals Co. (NYSE: NXG), CMS Energy (NYSE: CMS), Emerson Electric Co. (NYSE: EMR), LDK Solar (NYSE: LDK) and Nestle (NASDAQ: NSRGY) downgraded by analysts.

Northgate Minerals Co. (NXG) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.

CMS Energy (CMS) was downgraded by ISI Group to a “Hold” rating. They have a price target of $19.50 on the company.

Emerson Electric Co. (EMR) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

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

Nestle (NSRGY) was downgraded by Sanford C. Bernstein from an “Outperform” rating to a “Market Perform” rating.

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