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Wednesday, November 30, 2011

Ternium (TX) (UDRL) (ZION) (AHS) (AMR) (ASNA) Downgraded

Ternium S.A. (NYSE: TX), Union Drilling, Inc. (NASDAQ: UDRL), Zions Bancorporation (NASDAQ: ZION), AMN Healthcare Services, Inc. (NYSE: AHS), AMR Co. (NYSE: AMR) and Ascena Retail Group Inc. (NASDAQ: ASNA) were downgraded by analysts.

Ternium S.A. (TX) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating.

Union Drilling, Inc. (UDRL) was downgraded by Jefferies (NYSE:JEF) to a “Hold” rating. They have a price target of $7.50 on the company.

Zions Bancorporation (ZION) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

AMN Healthcare Services, Inc. (AHS) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

AMR Co. (AMR) was downgraded by Citigroup (NYSE:C) to a “Sell” rating.

Ascena Retail Group Inc. (ASNA) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to an “Outperform” rating.

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