Wednesday, October 5, 2011

Oasis (OAS) (BBBY) (OFC) (BPZ) (PPDI) (CLI) Downgraded

Oasis Petroleum Inc. (NYSE: OAS), Bed Bath & Beyond Inc. (NASDAQ: BBBY), Corp Office Prop. (NYSE: OFC), BPZ Resources, Inc. (NYSE: BPZ), Pharmaceutical Product (NASDAQ: PPDI) and Mack-Cali Realty Corp. (NYSE: CLI) were downgraded by analysts.

Oasis Petroleum Inc. (OAS) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target of $22.00 on the company, down from $44.00.

Bed Bath & Beyond Inc. (BBBY) was downgraded by Nomura from a “Buy” rating to a “Neutral” rating.

Corp Office Prop. (OFC) was downgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to an “Underperform” rating. They have a price target of $22.00 on the company, down from $30.00.

BPZ Resources, Inc. (BPZ) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target of $2.50 on the company, down from $9.50.

Pharmaceutical Product (PPDI) was downgraded by Goldman Sachs (NYSE:GS) to a “Neutral” rating. They have a price target of $33.00 on the company.

Mack-Cali Realty Corp. (CLI) was downgraded by Bank of America from a “Neutral” rating to an “Underperform” rating. They have a price target of $28.00 on the company, down from $34.00.

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