Seagate (STX) (RAX) (VPRT) (CRARY) (DMD) (DRC) Downgraded

Seagate (NYSE: STX), Rackspace Hosting, Inc. (NYSE: RAX), VistaPrint (NASDAQ: VPRT), Credit Agricole SA (NASDAQ: CRARY), Demand Media Inc. (NYSE: DMD) and Dresser-Rand (NYSE: DRC) were downgraded by analysts.

Rackspace Hosting, Inc. (RAX) was downgraded by Benchmark Co. from a “Buy” rating to a “Hold” rating. They have a price target of $42.00 on the company, down from $50.00.

Seagate (STX) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $14.00 on the company, down from $22.00.

VistaPrint (VPRT) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

Credit Agricole SA (CRARY) was downgraded by Credit Agricole from a “Buy” rating to a “Hold” rating.

Demand Media Inc. (DMD) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.

Dresser-Rand (DRC) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $52.50 on the company.