First Solar (FSLR) (PCX) (PWER) (QLGC) (ERIC) (FLIR) Downgraded

First Solar, Inc. (NASDAQ: FSLR), Patriot Coal Corp. (NYSE: PCX), Power-One, Inc. (NASDAQ: PWER), QLogic Co. (NASDAQ: QLGC), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) and FLIR Systems, Inc. (NASDAQ: FLIR) were downgraded by analysts.

First Solar, Inc. (FSLR) was downgraded by Ticonderoga from a “Neutral” rating to a “Sell” rating. They have a price target of $40.00 on the company.

Patriot Coal Corp. (PCX) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

Power-One, Inc. (PWER) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $6.50 on the company, down from $9.00.

QLogic Co. (QLGC) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Buy” rating to a “Neutral” rating. They have a price target of $12.50 on the company.

Telefonaktiebolaget LM Ericsson (ERIC) was downgraded by Danske to a “Sell” rating.

FLIR Systems, Inc. (FLIR) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating. They have a price target of $27.50 on the company.