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Monday, December 19, 2011

LeapFrog (LF) (PLCE) (DO) (TEF) (RRR) Downgraded

LeapFrog (LF), Children’s Place (PLCE), Diamond Offshore (DO), Telefónica (TEF) and RSC Holdings (RRR) were downgraded by analysts.

Children’s Place (PLCE) was downgraded by Sterne Agee from a "Buy" rating to a "Neutral" rating.

LeapFrog (LF) was downgraded by Stifel Nicolaus from a "Buy" rating to a "Hold" rating. Valuation was cited as the catalyst behind the call.

Diamond Offshore (DO) was downgraded by Barclays (NYSE:BCS) from an "Equalweight" rating to an "Underweight" rating.

Telefónica (TEF) was downgraded by HSBC Securities from an "Overweight" rating to a "Neutral" rating. They have a price target of €14.80 on the company, down from €16.50.

RSC Holdings (RRR) was downgraded by Credit Suisse (NYSE:CS) from an "Outperform" rating to a "Neutral" rating.

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