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Wednesday, January 11, 2012

Move (MOVE) (MPC) (NAT) (CHH) (CHOP) (CRME) Downgraded

Move (NASDAQ: MOVE), Marathon Petroleum (NYSE: MPC), Nordic American Tanker Shipping (NYSE: NAT), Choice Hotels (NYSE: CHH), China Gerui Advanced Materials Group (NASDAQ: CHOP) and Cardiome (NASDAQ: CRME) were downgraded by analysts.

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

Marathon Petroleum (MPC) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.

Nordic American Tanker Shipping (NAT) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.

Choice Hotels (CHH) was downgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Underperform” rating. They have a price target of $32.00 on the company.

China Gerui Advanced Materials Group (CHOP) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

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

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