Monday, November 7, 2011

Trina Solar (TSL) (IEX) (ITG) (K) (KRO) (MDC) Downgraded

Trina Solar (NYSE: TSL), IDEX Corp (NYSE: IEX), Investment Technology Group (NYSE: ITG), Kellogg (NYSE: K), Kronos Worldwide (NYSE: KRO) and MDC Holdings (NYSE: MDC) were downgraded by analysts.

Trina Solar (TSL) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

IDEX Corp. (IEX) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Investment Technology Group (ITG) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Underperform” rating.

Kellogg (K) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

Kronos Worldwide (KRO) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

MDC Holdings (MDC) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating. They have a price target of $18.00 on the company.

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