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Tuesday, November 29, 2011

RIM (RIMM) (STT) (VRUS) (AEM) (AXP) (BK) Downgraded

RIM (NASDAQ: RIMM), State Street Co. (NYSE: STT), Pharmasset (NASDAQ: VRUS), Agnico-Eagle Mines Limited (NYSE: AEM), American Express (NYSE: AXP) and Bank of New York Mellon (NYSE: BK) were downgraded by analysts.

Research In Motion (RIMM) was downgraded by Sterne Agee from a “Buy” rating to a “Neutral” rating.

State Street Co. (STT) was downgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Underweight” rating.

Pharmasset (VRUS) was downgraded by Credit Suisse (NYSE:CS) to a “Neutral” rating.

Agnico-Eagle Mines Limited (AEM) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating.

American Express (AXP) was downgraded by Morgan Stanley from an “Overweight” rating to an “Equal Weight” rating.

Bank of New York Mellon (BK) was downgraded by Morgan Stanley from an “Equal Weight” rating to an “Underweight” rating.

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