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Monday, October 31, 2011

Cameron (CAM) (PTEN) (PWER) (RDEN) (BRY) (CEVA) Downgraded

Cameron International (NYSE: CAM), Patterson-UTI (NASDAQ: PTEN), Power-One, Inc. (NASDAQ: PWER), Elizabeth Arden, Inc. (NASDAQ: RDEN), Berry Petroleum Comp (NYSE: BRY) and Ceva Inc (NASDAQ: CEVA) were downgraded by analysts.

Cameron International (CAM) was downgraded by Howard Weil from an “Outperform” rating to a “Market Perform” rating. They have a price target of $56.00 on the company, down from $68.00.

Patterson-UTI (PTEN) was downgraded by Global Hunter Securities from an “Accumulate” rating to a “Neutral” rating. They have a price target of $24.00 on the company, down from $28.00.

Power-One, Inc. (PWER) was downgraded by Dougherty & Co. to a “Neutral” rating. They have a price target of $5.00 on the company.

Elizabeth Arden, Inc. (RDEN) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $37.00 on the company.

Berry Petroleum (BRY) was downgraded by Global Hunter Securities from a “Buy” rating to a “Neutral” rating. They have a price target of $45.00 on the company, down from $70.00.

Ceva Inc. (CEVA) was downgraded by Chardan Capital Markets from a “Buy” rating to a “Neutral” rating.

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