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Wednesday, October 26, 2011

ReneSola (SOL) (SATC) (SCOK) (FRX) (FTNT) (GDP) Downgraded

ReneSola Ltd. (NYSE: SOL), SatCon Tech (NASDAQ: SATC), Sinocoking Coal And Coke Chemical Industries Inc. (NASDAQ: SCOK), Forest Laboratories, Inc. (NYSE: FRX), Fortinet, Inc. (NASDAQ: FTNT) and Goodrich Petroleum Co. (NYSE: GDP) were downgraded by analysts.

ReneSola Ltd. (SOL) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. They have a price target of $2.00 on the company.

SatCon Tech (SATC) was downgraded by Piper Jaffray from an “Overweight” rating to a “Neutral” rating.

Sinocoking Coal And Coke Chemical Industries Inc. (SCOK) was downgraded by Zacks Investment Research from an “Outperform” rating to an “Underperform” rating.

Forest Laboratories, Inc. (FRX) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

Fortinet, Inc. (FTNT) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $23.00 on the company.

Goodrich Petroleum Co. (GDP) was downgraded by CapitalOne Southcoast to a “Neutral” rating.

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