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Wednesday, November 2, 2011

Volcano (VOLC) (TEF) (TRNX) (UFCS) (WRE) (ACN) Downgraded

Volcano (NASDAQ: VOLC), Telefonica SA (NYSE: TEF), Tornier BV (NASDAQ: TRNX), United Fire & Casualty (NASDAQ: UFCS), Washington Real Estate Investment Trust (NYSE: WRE) and Accenture Plc (NYSE: ACN) were downgraded by analysts.

Volcano (VOLC) was downgraded by JMP Securities from an “Outperform” rating to a “Market Perform” rating.

Telefonica SA (TEF) was downgraded by Deutsche Bank (NYSE:DB)from a “Buy” rating to a “Hold” rating.

Tornier BV (TRNX) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $26.00 on the company.

United Fire & Casualty (UFCS) was downgraded by Sandler O’Neill to a “Hold” rating.

Washington Real Estate Investment Trust (WRE) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

Accenture Plc (ACN) was downgraded by Barclays Capital from an “Overweight” rating to an “Equal Weight” rating.

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