Tuesday, October 11, 2011

ICON (ICLR) (FFBC) (FMBI) (IBKC) (LOGI) Downgraded

ICON plc (NASDAQ: ICLR), First Financial (NASDAQ: FFBC), First Midwest Bancorp, Inc. (NASDAQ: FMBI), IBERIABANK Co. (NASDAQ: IBKC) and Logitech International SA (NASDAQ: LOGI) were downgraded by analysts.

First Financial (FFBC) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $15.00 on the company, down from $18.00.

First Midwest Bancorp, Inc. (FMBI) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $9.00 on the company, down from $12.00.

IBERIABANK Co. (IBKC) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $50.00 on the company, down from $58.00.

ICON plc (NASDAQ: ICLR) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) to a “Neutral” rating. They have a price target of $18.00 on the company.

Logitech International SA (LOGI) was downgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to an “Underperform” rating.

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