Wednesday, December 7, 2011

Statoil (STO) (ITC) (LPX) (NFG) (SUI) Downgraded

Statoil (NYSE: STO), ITC Holdings Corp. (NYSE: ITC), Louisiana-Pacific Co. (NYSE: LPX), National Fuel Gas Co. (NYSE: NFG) and Sun Communities Inc. (NYSE: SUI) were downgraded by analysts.

ITC Holdings Corp. (ITC) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.

Louisiana-Pacific Co. (LPX) was downgraded by Scotia Capital to an “Underperform” rating.

National Fuel Gas Co. (NFG) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to an “Outperform” rating.

Statoil (STO) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating.

Sun Communities Inc. (SUI) was downgraded by Keefe, Bruyette & Woods to an “Underperform” rating.

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