Wednesday, January 4, 2012

Exelon (EXC) (PETD) (PG) (PLT) (EXR) (FCCY) Downgraded

Exelon Co. (NYSE: EXC), Petroleum Development Co. (NASDAQ: PETD), Procter & Gamble (NYSE: PG), Plantronics (NYSE: PLT), Extra Space Storage (NYSE: EXR) and 1st Constitution Bancorp (NASDAQ: FCCY) were downgraded by analysts.

Exelon Co. (EXC) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Petroleum Development Co. (PETD) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating. They have a price target of $39.00 on the company, down from $41.00.

Procter & Gamble (PG) was downgraded by Buckingham Research to a “Neutral” rating.

Plantronics (PLT) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $36.00 on the company.

Extra Space Storage (EXR) was downgraded by BMO Capital Markets to an “Underperform” rating.

1st Constitution Bancorp (FCCY) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

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