Illumina (ILMN) (ICE) (IPCC) (ITC) Downgraded

Illumina, Inc. (NASDAQ: ILMN), IntercontinentalExchange (NYSE: ICE), Infinity Property and Casualty Corp. (NASDAQ: IPCC) and ITC Holdings Corp. (NYSE: ITC) were downgraded by analysts.

IntercontinentalExchange (ICE) was downgraded by KBW from an “Outperform” rating to a “Market Perform” rating. They have a price target of $140.00 on the company. They cited valuation as the catalyst behind the call.

Illumina, Inc. (ILMN) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $30.00 on the company, down from $52.50.

Infinity Property and Casualty Corp. (IPCC) was downgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to an “Underperform” rating.

ITC Holdings Corp. (ITC) was downgraded by Deutsche Bank from a “Buy” rating to a “Hold” rating. They have a price target of $73.00 on the company, down from $76.50.