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Thursday, October 27, 2011

Cliffs (CLF) (BRCM) (CP) (DTE) (DV) (FIRE) Downgraded

Cliffs Natural Resources Inc. (NYSE: CLF), Broadcom Corp. (NASDAQ: BRCM), Canadian Pacific Railway Limited (NYSE: CP), DTE Energy Co. (NYSE: DTE), DeVry Inc. (NYSE: DV) and Sourcefire, Inc. (NASDAQ: FIRE) were downgraded by analysts.

Cliffs Natural Resources Inc. (CLF) was downgraded by BB&T (NYSE:BBT) from a “buy” rating to a “hold” rating.

Broadcom Corp. (BRCM) was downgraded by Charter Equity from a “Buy” rating to a “Market Perform” rating.

Canadian Pacific Railway Limited (CP) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating.

DTE Energy Co. (DTE) was downgraded by Barclays Capital from an “Overweight” rating to an “Equal Weight” rating.

DeVry Inc. (DV) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

Sourcefire, Inc. (FIRE) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating. They have a price target of $31.00 on the company.

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