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Wednesday, December 14, 2011

Endocyte (ECYT) (NSC) (PVA) (CNI) (DMAN) (EONGY) Downgraded

Endocyte (NASDAQ: ECYT), Norfolk Southern Corp. (NYSE: NSC), Penn Virginia (NYSE: PVA), Canadian National Railway (NYSE: CNI), DemandTec, Inc. (NASDAQ: DMAN) and E.ON AG (NASDAQ: EONGY) were downgraded by analysts.

Norfolk Southern Corp. (NSC) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

Nippon Telegraph & Telephone Corp. (NTT) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating. They have a price target of $26.00 on the company.

Penn Virginia (PVA) was downgraded by CapitalOne from a “Buy” rating to a “Neutral” rating.

Canadian National Railway (CNI) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

DemandTec, Inc. (DMAN) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

Endocyte (ECYT) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating.

E.ON AG (EONGY) was downgraded by WestLB to a “Neutral” rating.

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