Veeco (VECO) (IPG) (NAV) (WRI) (XEC) Downgraded

Veeco Instruments Inc. (NASDAQ: VECO), Interpublic Group of Companies, Inc. (NYSE: IPG), Navistar (NYSE: NAV), Weingarten Realty Investors (NYSE: WRI) and Cimarex Energy Co. (NYSE: XEC) were downgraded by analysts.

Veeco Instruments Inc. (VECO) was downgraded by Canaccord Genuity from a “Hold” rating to a “Sell” rating.

Interpublic Group of Companies, Inc. (IPG) was downgraded by Deutsche Bank (NYSE:DB) to a “Hold” rating.

Navistar (NAV) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating. They have a price target of $38.00 on the company.

Weingarten Realty Investors (WRI) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Cimarex Energy Co. (XEC) was downgraded by Lazard Capital from a “Buy” rating to a “Neutral” rating.