Wednesday, November 9, 2011

Cooper (CBE) (WMS) (EXAR) (EXPE) (FRPT) (HPT) Downgraded

Cooper Industries PLC (NYSE: CBE), WMS Industries Inc. (NYSE: WMS), Exar (NASDAQ: EXAR), Expedia, Inc. (NASDAQ: EXPE), Force Protection, Inc. (NASDAQ: FRPT) and Hospitality Properties (NYSE: HPT) were downgraded by analysts.

Cooper Industries PLC (CBE) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating. They have a price target of $59.00 on the company.

WMS Industries Inc. (WMS) was downgraded by Credit Agricole from a “Buy” rating to an “Underperform” rating.

Exar (EXAR) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target of $6.50 on the company, down from $7.50.

Expedia, Inc. (EXPE) was downgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Underweight” rating. They have a price target of $25.00 on the company.

Force Protection, Inc. (FRPT) was downgraded by Imperial Capital to an “Outperform” rating.

Hospitality Properties (HPT) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

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