IBM (IBM) (EPB) (PRA) (SQNM) (STRI) (MBT) Downgraded

IBM (NYSE: IBM), El Paso Pipeline Partners (NYSE: EPB), ProAssurance Co. (NYSE: PRA), Sequenom (NASDAQ: SQNM), STR Holdings, Inc. (NASDAQ: STRI) and Mobile Telesystems (NYSE: MBT) were downgraded by analysts.

IBM (IBM) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $190.00 on the company.

El Paso Pipeline Partners (EPB) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $36.00 on the company, down from $40.50.

ProAssurance Co. (PRA) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Sequenom (SQNM) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. They have a price target $6.25 on the company.

STR Holdings, Inc. (STRI) was downgraded by Feltl & Co. from a “Buy” rating to a “Hold” rating. They have a price target of $8.00 on the company, down from $12.00.

Mobile Telesystems (MBT) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.