Nokia (NOK) (OPWV) (THS) (PCG) (PDC) (RIG) Downgraded

Nokia Co. (NYSE: NOK), Openwave Systems Inc. (NASDAQ: OPWV), TreeHouse Foods Inc. (NYSE: THS), PG&E Co. (NYSE: PCG), Pioneer Drilling Company (NYSE: PDC) and Transocean (NYSE: RIG) were downgraded by analysts.

Nokia Co. (NYSE: NOK) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $6.00 on the company.

Openwave Systems Inc. (OPWV) was downgraded by Dougherty & Co. from a “Buy” rating to a “Neutral” rating. They have a price target of $2.00 on the company, down previously from $2.50.

TreeHouse Foods Inc. (THS) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

PG&E Co. (PCG) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

Pioneer Drilling Company (PDC) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $10.50 on the company.

Transocean (RIG) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $48.00 on the company, down from $60.00.