Tekelec (TKLC) (XXIA) (AEO) (AM) (BAK) (CHCO) Downgraded

Tekelec (NASDAQ: TKLC), Ixia (NASDAQ: XXIA), American Eagle (NYSE: AEO), American Greetings (NYSE: AM), Braskem SA (NYSE: BAK) and City Holding Company (NASDAQ: CHCO) were downgraded by analysts.

Tekelec (TKLC) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.

Ixia (XXIA) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

American Eagle (AEO) was downgraded by Standpoint Research from a “Buy” rating to a “Hold” rating.

American Greetings (AM) was downgraded by Northcoast Research from a “Buy” rating to a “Neutral” rating.

Braskem SA (BAK) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.

City Holding Company (CHCO) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating. They have a price target of $35.00 on the company.