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Wednesday, November 16, 2011

Nordstrom (JWN) (MDC) (MDR) (MDTH) (ISNS) (ITYBY) Downgraded

Nordstrom, Inc. (NYSE: JWN), MDC Holdings (NYSE: MDC), McDermott International (NYSE: MDR), MedCath Co. (NASDAQ: MDTH), Image Sensing Systems, Inc. (NASDAQ: ISNS) and Imperial Tobacco Group (OTC: ITYBY) were downgraded by analysts.

Nordstrom, Inc. (JWN) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating. They have a price target of $52.00 on the company.

MDC Holdings (MDC) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating. They have a price target of $18.00 on the company.

McDermott International (MDR) was downgraded by Morgan Stanley to an “Underweight” rating. They have a price target of $12.00 on the company.

MedCath Co. (MDTH) was downgraded by TheStreet to a “Sell” rating.

Image Sensing Systems, Inc. (ISNS) was downgraded by TheStreet to a “Sell” rating.

Imperial Tobacco Group (ITYBY) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

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