Xerox (XRX) (WBMD) (CHRW) (WDR) (CFR) (BRCD) Downgraded

Xerox Corp. (NYSE: XRX), Webmd Health Corp (NASDAQ: WBMD), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Waddell & Reed Financial, Inc. (NYSE: WDR), Cullen/Frost Bankers, Inc. (NYSE: CFR) and Brocade Communications Systems, Inc. (NASDAQ: BRCD) were downgraded by analysts.

Webmd Health Corp. (WBMD) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

C.H. Robinson Worldwide, Inc. (CHRW) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $75.00 on the company, down from $79.00.

Waddell & Reed Financial, Inc. (WDR) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $27.50 on the company, down from $34.00.

Cullen/Frost Bankers, Inc. (CFR) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $46.50 on the company.

Xerox Corp. (XRX) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Underweight” rating. They have a price target of $7.00 on the company.

Brocade Communications Systems, Inc. (BRCD) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an

“Underweight” rating.