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Tuesday, December 13, 2011

Southern (SO) (STO) (TOL) (ARX) (AVGO) Downgraded

Southern (NYSE: SO), Statoil (NYSE: STO), Toll Brothers, Inc. (NYSE: TOL), Aeroflex Holding Corp. (NYSE: ARX) and Avago Technologies (NASDAQ: AVGO) were downgraded by analysts.

Southern (SO) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Statoil (STO) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Toll Brothers, Inc. (TOL) was downgraded by KeyBanc from a “Buy” rating to a “Hold” rating.

Aeroflex Holding Corp. (ARX) was downgraded by Morgan Stanley from an “Equal Weight” rating to an “Underweight” rating. They have a price target of $10.00 on the company.

Avago Technologies (AVGO) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating.

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