Monday, August 15, 2011

Websense (WBSN) (NEP) (ADBE) (ORCL) (NKA) (AKAM) Downgraded

Websense Inc. (NASDAQ: WBSN), China North East Petroleum Holdings Ltd (NYSE: NEP), Adobe Systems (NASDAQ: ADBE), Oracle (NASDAQ: ORCL), Niska Gas Storage (NYSE: NKA) and Akamai Technologies (NASDAQ: AKAM) downgraded by analysts.

Websense Inc. (WBSN) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating. They have a price target of $28.00 on the company.

China North East Petroleum Holdings Ltd (NEP) was downgraded FBR Capital from an “Outperform” rating to a “Market Perform” rating.

Adobe Systems (ADBE) was downgraded by RBC Capital from a “Sector Perform” rating to an “Underperform” rating. They have a price target $22.00 on the company, down from $32.00.

Oracle (ORCL) 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 $36.00.

Niska Gas Storage (NKA) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating. They have a price target of $16.00 on the company, down from $23.00.

Akamai Technologies (AKAM) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

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