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Friday, September 23, 2011

KB Home (KBH) (LUKOY) (MMP) (PG) Downgraded

KB Home (NYSE: KBH), LUKOIL (NASDAQ: LUKOY), Magellan Midstream (NYSE: MMP) and Procter & Gamble (NYSE: PG) downgraded by analysts.

KB Home (KBH) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $8.00 on the company.

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

Magellan Midstream (MMP) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $65.50 on the company, up from $64.50.

Procter & Gamble (PG) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

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