Wednesday, December 7, 2011

Fortinet (FTNT) (CNI) (HME) (HUN) (IR) Downgraded

Fortinet, Inc. (NASDAQ: FTNT), Canadian National Railway (NYSE: CNI), Home Properties (NYSE: HME), Huntsman Co. (NYSE: HUN) and Ingersoll-Rand (NYSE: IR) were downgraded by analysts.

Canadian National Railway (CNI) was downgraded by Barclays Capital from an “Equal Weight” rating to an “Underweight” rating.

Fortinet, Inc. (FTNT) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $27.00 on the company.

Home Properties (HME) was downgraded by Keefe, Bruyette & Woods to an “Underperform” rating.

Huntsman Co. (HUN) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $12.00 on the company.

Ingersoll-Rand (IR) was downgraded by Sterne Agee from a “Buy” rating to a “Neutral” rating.

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