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Tuesday, November 22, 2011

Royal Gold (RGLD) (RIMM) (SPG) (TGT) (TX) (VNO) Downgraded

Royal Gold, Inc. (NASDAQ: RGLD), Research In Motion (NASDAQ: RIMM), Simon Properties (NYSE: SPG), Target Corp. (NYSE: TGT), Ternium S.A. (NYSE: TX) and Vornado Realty Trust (NYSE: VNO) were downgraded by analysts.

Royal Gold, Inc. (RGLD) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating. They have a price target of $94.00 on the company, down from $102.00.

Research In Motion (RIMM) was downgraded by JMP Securities from a “Market Perform” rating to an “Underperform” rating. They have a price target of $12.00 on the company.

Simon Properties (SPG) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Target Corp. (TGT) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $58.00 on the company.

Ternium S.A. (TX) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.

Vornado Realty Trust (VNO) was downgraded by Goldman Sachs from a “Neutral” rating to a “Sell” rating.

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