Thursday, November 10, 2011

Autodesk (ADSK) (WRES) (ALSK) (ANF) (CAAS) (CEDC) Downgraded

Autodesk (NASDAQ: ADSK), Warren Resources, Inc. (NASDAQ: WRES), Alaska Communications Systems Group, Inc. (NASDAQ: ALSK), Abercrombie & Fitch (NYSE: ANF), China Automotive Systems Inc. (NASDAQ: CAAS) and Central European Distribution Corp. (NASDAQ: CEDC) were downgraded by analysts.

Autodesk (ADSK) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating. They have a price target of $38.00 on the company.

Warren Resources, Inc. (WRES) was downgraded by Pritchard from a “Buy” rating to a “Neutral” rating.

Alaska Communications Systems Group, Inc. (ALSK) was downgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to an “Underperform” rating.

Abercrombie & Fitch (ANF) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

China Automotive Systems Inc. (CAAS) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating.

Central European Distribution Corp. (CEDC) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $3.10 on the company.

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