Wednesday, September 7, 2011

Zions (ZION) (BBY) (WHR) (CBSH) (WFC) (CP) Downgraded

Zions Bancorporation (NASDAQ: ZION), Best Buy Co., Inc. (NYSE: BBY), Whirlpool Corporation (NYSE: WHR), Commerce Bancshares, Inc. (NASDAQ: CBSH), Wells Fargo & Co. (NYSE: WFC) and Canadian Pacific Railway Limited (NYSE: CP) were downgraded by analysts.

Zions Bancorporation (ZION) was downgraded by Nomura from a “Buy” rating to a “Neutral” rating.

Best Buy Co., Inc. (BBY) was downgraded by Piper Jaffray (NYSE:PJC) from a “Buy” rating to a “Neutral” rating. They have a price target of $26.00 on the company.

Whirlpool Corporation (WHR) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating. They have a price target of $60.00 on the company.

Commerce Bancshares, Inc. (CBSH) was downgraded by KBW to an “Underperform” rating. They have a price target of $37.00 on the company.

Wells Fargo & Co. (WFC) was downgraded by KBW to a “Market Perform” rating. They have a price target of $25.00 on the company.

Canadian Pacific Railway Limited (CP) was downgraded by Credit Suisse (NYSE:CS) to a “Neutral” rating. They have a price target of $68.00 on the company.

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