Tesoro (TSO) (ACC) (TBI) (DTEGY) (SNY) (FIATY) Downgraded

Tesoro Co. (NYSE: TSO), American Campus Communities, Inc. (NYSE: ACC), Trueblue Inc (NYSE: TBI), Deutsche Telekom (NASDAQ: DTEGY), Sanofi-Aventis (NYSE: SNY) and Fiat S.p.A. (OTC: FIATY) downgraded by analysts.

Tesoro Co. (TSO) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

American Campus Communities, Inc. (ACC) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Trueblue Inc. (TBI) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating.

Deutsche Telekom (DTEGY) was downgraded by HSBC (NYSE:HBC) from an “Overweight” rating to a “Neutral” rating.

Sanofi-Aventis (SNY) was downgraded by Credit Suisse (NYSE:CS)

from an “Outperform” rating to a “Neutral” rating.

Fiat S.p.A. (FIATY) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.