Tuesday, September 13, 2011

Zions (ZION) (AJG) (YARIY) (AMX) (WSH) (BRO) Downgraded

Zions Bancorporation (NASDAQ: ZION), Arthur J. Gallagher & Co. (NYSE: AJG), Yara International ASA (OTC: YARIY), America Movil S.A.B. de C.V. (NYSE: AMX), Willis Group Holdings PLC (NYSE: WSH) and Brown & Brown Inc. (NYSE: BRO) were downgraded by analysts.

Zions Bancorporation (ZION) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating.

Arthur J. Gallagher & Co. (AJG) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Hold” rating.

Yara International ASA (YARIY) was downgraded by Nomura from a “Neutral” rating to a “Reduce” rating.

America Movil S.A.B. de C.V. (AMX) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Underweight” rating.

Willis Group Holdings PLC (WSH) was downgraded by Citigroup from a “Buy” rating to a “Hold” rating.

Brown & Brown Inc. (BRO) was downgraded by Citigroup from a “Buy” rating to a “Hold” rating.

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