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Tuesday, November 1, 2011

Fossil (FOSL) (ORIT) (PH) (PSA) (EMO) (FTE) Downgraded

Fossil (NASDAQ: FOSL), Oritani Financial Corp. (NASDAQ: ORIT), Parker-Hannifin Co. (NYSE: PH), Public Storage (NYSE: PSA), ClearBriedge Energy MLP (NYSE: EMO) and France Telecom SA (NYSE: FTE) were downgraded by analysts.

Fossil (FOSL) was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating.

Oritani Financial Corp. (ORIT) was downgraded by Sterne Agee from a “Buy” rating to a “Neutral” rating.

Parker-Hannifin Co. (PH) was downgraded by ISI Group from a “Buy” rating to a “Hold” rating.

Public Storage (PSA) was downgraded by ISI Group from a “Buy” rating to a “Hold” rating.

ClearBriedge Energy MLP (EMO) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $20.00 on the company.

France Telecom SA (FTE) was downgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Sell” rating.

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