SanDisk (SNDK) (SPG) (STX) (BPL) (BRC) (CHKP) Downgraded

SanDisk Co. (NASDAQ: SNDK), Simon Properties (NYSE: SPG), Seagate (NYSE: STX), Buckeye Partners (NYSE: BPL), Brady Co. (NYSE: BRC) and Check Point Software (NASDAQ: CHKP) were downgraded by analysts.

SanDisk Co. (SNDK) was downgraded by Sterne Agee from a “Buy” rating to a “Neutral” rating. They have a price target of $58.00 on the company.

Simon Properties (SPG) was downgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating. They have a price target of $125.00 on the company.

Seagate (NYSE: STX) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $20.00 on the company.

Buckeye Partners (BPL) was downgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Underweight” rating.

Brady Co. (BRC) 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, down from $33.00.

Check Point Software (CHKP) was downgraded by Morgan Stanley from an “Overweight” rating to an “Equal Weight” rating. They cited valuation as the catalyst behind the call.