Friday, November 11, 2011

Yingli (YGE) (PXD) (PWR) (RNST) Downgraded

Yingli Green Energy (NYSE:YGE), Pioneer Natural Resources (NYSE:PXD), Quanta Services (NYSE:PWR) and Renasant (NASDAQ:RNST) were downgraded by analysts.

Yingli Green Energy (YGE) was downgraded by RBC Capital Markets from an "Outperform" rating to a "Sector Perform" rating.

Pioneer Natural Resources (PXD) was downgraded by Deutsche Bank (NYSE:DB) from a "Buy" rating to a "Hold" rating.

Quanta Services (PWR), was downgraded by Robert W. Baird from an "Outperform" rating to a "Neutral" rating. They lowered their price target from $27 from $20 on the company.

Renasant (RNST) was downgraded by Keefe Bruyette from an "Outperform" rating to a "Market Perform" rating.

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