Monday, November 14, 2011

Concho (CXO) (SSRI) (CCH) (CRME) (CXS) (SPP) Downgraded

Concho Resources Inc. (NYSE: CXO), Silver Standard Resources Inc. (NASDAQ: SSRI), Coca-Cola HBC S.A. (NYSE: CCH), Cardiome Pharma Corp. (NASDAQ: CRME), Crexus Investment (NYSE: CXS) and Sappi Limited (NYSE: SPP) were downgraded by analysts.

Concho Resources Inc. (CXO) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $105.00 on the company.

Silver Standard Resources Inc. (SSRI) was downgraded by CIBC from an “Outperform” rating to a “Sector Perform” rating.

Coca-Cola HBC S.A. (CCH) was downgraded by RBS from a “Buy” rating to a “Hold” rating.

Cardiome Pharma Corp. (CRME) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating.

Crexus Investment (CXS) was downgraded by FBR Capital from a “Market Perform” rating to an “Underperform” rating.

Sappi Limited (SPP) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.

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