Tuesday, November 1, 2011

Newmont (NEM) (LGCY) (HFBC) (HME) Downgraded

Newmont Mining Co. (NYSE: NEM), Legacy Reserves (NASDAQ: LGCY), HopFed Bancorp, Inc. (NASDAQ: HFBC) and Home Properties (NYSE: HME) were downgraded by analysts.

Newmont Mining Co. (NEM) was downgraded by CIBC from a “Sector Perform” rating to an “Underperform” rating.

Legacy Reserves (LGCY) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $31.00 on the company.

HopFed Bancorp, Inc. (HFBC) was downgraded by Hilliard Lyons from a “Long” rating to a “Term Buy” rating.

Home Properties (HME) was downgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Sell” rating.

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