Axis (AXS) (UFPI) (UL) (VRSN) (AYI) (BAC) Downgraded

Axis Capital (NYSE: AXS), Universal Forest Products, Inc. (NASDAQ: UFPI), Unilever (NYSE: UL), Verisign, Inc. (NASDAQ: VRSN), Acuity Brands Inc. (NYSE: AYI) and Bank of America (NYSE: BAC) were downgraded by analysts.

Universal Forest Products, Inc. (UFPI) was downgraded by DA Davidson from a “Neutral” rating to an “Underperform” rating.

Unilever (UL) was downgraded by ING Group to a “Hold” rating.

Verisign, Inc. (VRSN) was downgraded by CLSA from a “Buy” rating to an “Outperform” rating.

Axis Capital (AXS) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

Acuity Brands Inc. (AYI) was downgraded by Wedbush from a “Neutral” rating to an “Underperform” rating.

Bank of America (BAC) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating. They have a price target of $5.75 on the company.