Tuesday, October 18, 2011

Apple (AAPL) (AGNC) (BEXP) (COLM) (CYN) Downgraded

Apple, Inc. (NASDAQ: AAPL), American Capital Agency Corp. (NASDAQ: AGNC), Brigham Exploration (NASDAQ: BEXP), Columbia Sportswear (NASDAQ: COLM) and City National Co. (NYSE: CYN) were downgraded by analysts.

Apple, Inc. (AAPL) was downgraded by BGC Financial from a “Buy” rating to a “Hold” rating.

American Capital Agency Corp. (AGNC) was downgraded by JMP Securities from an “Outperform” rating to a “Market Perform” rating.

Brigham Exploration (BEXP) was downgraded by Howard Weil from an “Outperform” rating to a “Market Perform” rating.

Columbia Sportswear (COLM) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating.

City National Co. (CYN) was downgraded by Compass Point from a “Buy” rating to a “Neutral” rating. They have a price target of $42.00 on the company, down from $70.00.

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