Ecopetrol (EC) (CP) (CSII) (VE) (WRE) (YPF) Downgraded

Ecopetrol S.A. (NYSE: EC), Canadian Pacific Railway Limited (NYSE: CP), Cardiovascular Systems, Inc. (NASDAQ: CSII), Veolia Environnement (NYSE: VE), Washington Real Estate Investment Trust (NYSE: WRE) and YPF Sociedad Anonima (NYSE: YPF) were downgraded by analysts.

Canadian Pacific Railway Limited (CP) was downgraded by RBC Capital from a “Top Pick” rating to an “Outperform” rating. They have a price target of $73.00 on the company.

Cardiovascular Systems, Inc. (CSII) was downgraded by Feltl & Co. from a “Strong Buy” rating to a “Buy” rating.

Veolia Environnement (VE) was downgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Sell” rating.

Washington Real Estate Investment Trust (WRE) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

YPF Sociedad Anonima (YPF) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to an “Underperform” rating.

Ecopetrol S.A. (EC) was downgraded by Bank of America from a “Buy” rating to a “Neutral” rating.