Boardwalk (BWP) (SPF) (TCB) (TYG) (BALT) (CNI) Downgraded

Boardwalk Pipeline Partners (NYSE: BWP), Standard Pacific Corp. (NYSE: SPF), TCF Financial Co. (NYSE: TCB), Tortoise Energy Infrastructure Closed Fund (NYSE: TYG), Baltic Trading Limit (NASDAQ: BALT) and Canadian National Railway (NYSE: CNI) were downgraded by analysts.

Standard Pacific Corp. (SPF) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Underperform” rating.

TCF Financial Co. (TCB) was downgraded by Compass Point from a “Neutral” rating to a “Sell” rating. They have a price target $9.00 on the company, down from $16.00.

Tortoise Energy Infrastructure Closed Fund (TYG) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $41.00 on the company.

Baltic Trading Limit (BALT) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating.

Boardwalk Pipeline Partners (BWP) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating.

Canadian National Railway (CNI) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.