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Friday, November 4, 2011

Transocean (RIG) (ONNN) (RNOW) (SSS) (CBEY) (CECO) Downgraded

Transocean (NYSE: RIG), ON Semiconductor (NASDAQ: ONNN), RightNow Technologies (NASDAQ: RNOW), Sovran Self Storage, Inc. (NYSE: SSS), Cbeyond Comms (NASDAQ: CBEY) and Career Education Corp. (NASDAQ: CECO) were downgraded by analysts.

Transocean (RIG) was downgraded by CapitalOne Southcoast to a “Neutral” rating.

ON Semiconductor (ONNN) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating. They have a price target of $8.00 on the company.

RightNow Technologies (RNOW) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating.

Sovran Self Storage, Inc. (SSS) was downgraded by KeyBanc from a “Buy” rating to a “Hold” rating.

Cbeyond (CBEY) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Career Education Corp. (CECO) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target of $12.00 on the company, down from $23.00.

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