Suntech (STP) (ISSI) (STM) (IHG) (TEF) (HSII) Downgraded

Suntech Power (NYSE: STP), Integrated Silicon Solution, Inc. (NASDAQ: ISSI), STMicroelectronics (NYSE: STM), Intercontinental Hotels Group (NYSE: IHG), Telefonica SA (NYSE: TEF) and Heidrick & Struggles (NASDAQ: HSII) were downgraded by analysts.

Suntech Power (STP) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Underperform” rating.

Integrated Silicon Solution, Inc. (ISSI) was downgraded by analysts at Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.

STMicroelectronics (STM) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Sell” rating.

Intercontinental Hotels Group (IHG) was downgraded by Barclays Capital from an “Overweight” rating to an “Underweight” rating.

Telefonica SA (TEF) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Heidrick & Struggles (HSII) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.