Ecolab (ECL) (NCMI) (NSC) (PNG) (FXCM) Downgraded

Ecolab Inc. (NYSE: ECL), National CineMedia, Inc. (NASDAQ: NCMI), Norfolk Southern Corp. (NYSE: NSC), PAA Natural Gas Storage (NYSE: PNG) and FXCM Inc (NASDAQ: FXCM) were downgraded by analysts.

Ecolab Inc. (ECL) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating. They have a price target of $58.00 on the company.

National CineMedia, Inc. (NCMI) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $15.00 on the company.

Norfolk Southern Corp. (NSC) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

PAA Natural Gas Storage (PNG) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target of $18.50 on the company.

FXCM Inc. (FXCM) was downgraded by Citigroup from a “Neutral” rating to a “Sell” rating. They have a price target of $11.25 on the company.