Nokia (NOK) (IVAN) (KDN) (LXK) (LYG) (NDN) (NSC) Downgraded

Nokia Co. (NYSE: NOK), Ivanhoe Energy Inc. (NASDAQ: IVAN), Kaydon Co. (NYSE: KDN), Lexmark International, Inc. (NYSE: LXK), Lloyds TSB Group plc (NYSE: LYG), 99 Cents Only (NYSE: NDN) and Norfolk Southern Corp. (NYSE: NSC) were downgraded by analysts.

Nokia Co. (NOK) was downgraded by WestLB to a “Sell” rating.

Ivanhoe Energy Inc. (IVAN) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

Kaydon Co. (KDN) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

Lexmark International, Inc. (LXK) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Buy” rating to a “Neutral” rating. They have a price target of $25.00 on the company.

Lloyds TSB Group plc (LYG) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating.

99 Cents Only (NDN) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Underperform” rating. They have a price target of $22.00 on the company.

Norfolk Southern Corp. (NSC) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Hold” rating. They have a price target of $38.00 on the company. They cited valuation as the catalyst behind the call.