Wednesday, November 16, 2011

Bank of America (BAC) (TDW) (TDY) (THS) (AZSEY) (BCS) Downgraded

Bank of America (NYSE: BAC), Tidewater Inc. (NYSE: TDW), Teledyne Technologies Incorporated (NYSE: TDY), TreeHouse Foods Inc. (NYSE: THS), Allianz SE (OTC: AZSEY) and Barclays Capital (NYSE: BCS) were downgraded by analysts.

Bank of America (BAC) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating. They have a price target of $10.00 on the company.

Tidewater Inc. (TDW) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

Teledyne Technologies Incorporated (TDY) was downgraded by KeyBanc from a “Buy” rating to a “Hold” rating. They cited valuation as the catalyst behind the call.

TreeHouse Foods Inc. (THS) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating. They cited valuation as the catalyst behind the call.

Allianz SE (AZSEY) was downgraded by WestLB to a “Buy” rating.

Barclays Capital (BCS) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $13.86 on the company.