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Wednesday, November 16, 2011

LDK Solar (LDK) (K) (KMT) (KNX) (KRO) (KWK) (LM) Downgraded

LDK Solar (NYSE: LDK), Kellogg (NYSE: K), Kennametal Inc. (NYSE: KMT), Knight Transportation (NYSE: KNX), Kronos Worldwide (NYSE: KRO), Quicksilver Resources Inc. (NYSE: KWK) and Legg Mason, Inc. (NYSE: LM) were downgraded by analysts.

LDK Solar (LDK) was downgraded by Kaufman Brothers from a “Hold” rating to a “Sell” rating. They have a price target of $2.00 on the company, down from $5.00.

Kellogg (K) was downgraded by Sanford C. Bernstein from an “Outperform” rating to a “Market Perform” rating.

Kennametal Inc. (KMT) was downgraded by Bank of America (NYSE:BAC) to an “Underperform” rating. They have a price target of $35.00 on the company.

Knight Transportation (KNX) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $16.00 on the company.

Kronos Worldwide (KRO) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

Quicksilver Resources Inc. (KWK) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $10.00 on the company.

Legg Mason, Inc. (LM) was downgraded by Ticonderoga from a “Neutral” rating to a “Sell” rating. They have a price target of $23.00 on the company.

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