Thursday, December 8, 2011

Darden (DRI) (FAST) (BMO) (HCC) (INN) (PDS) Downgraded

Darden Restaurants, Inc. (NYSE: DRI), Fastenal (NASDAQ: FAST), Bank of Montreal (NYSE: BMO), HCC Insurance Holdings, Inc. (NYSE: HCC), Summit Hotel Properties, Inc. (NYSE: INN) and Precision Drilling (NYSE: PDS) were downgraded by analysts.

Darden Restaurants, Inc. (DRI) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

Fastenal (FAST) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Bank of Montreal (BMO) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating.

HCC Insurance Holdings, Inc. (HCC) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

Summit Hotel Properties, Inc. (INN) was downgraded by KeyBanc from a “Buy” rating to a “Hold” rating.

Precision Drilling (PDS) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to an “Outperform” rating.

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