Friday, October 7, 2011

Fastenal (FAST) (FRO) (GCAP) (GST) (GTE) (GWW) Downgraded

Fastenal (NASDAQ: FAST), Frontline Ltd. (NYSE: FRO), Gain Capital Holdings (NASDAQ: GCAP), Gastar Exploration (NYSE: GST), Gran Tierra Energy Inc. (NYSE: GTE) and W.W. Grainger, Inc. (NYSE: GWW) were downgraded by analysts.

Fastenal (FAST) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $36.00 on the company, down from $38.00.

Frontline Ltd. (FRO) was downgraded by Dahlman Rose from a “Hold” rating to a “Sell” rating. They have a price target of $20.00 on the company.

Gain Capital Holdings (GCAP) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

Gastar Exploration (GST) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Gran Tierra Energy Inc. (GTE) was downgraded by SunTrust from a “Buy” rating to a “Neutral” rating.

W.W. Grainger, Inc. (GWW) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $159.00 on the company, down from $175.00.

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