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Wednesday, January 4, 2012

Onyx (ONXX) (PBNY) (PCAR) (FTEK) (GGP) (GPI) Downgraded

Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX), Provident New York Bancorp (NASDAQ: PBNY), PACCAR (NASDAQ: PCAR), Fuel Tech Inc. (NASDAQ: FTEK), General Growth Properties, Inc. (NYSE: GGP) and Group 1 Automotive, Inc. (NYSE: GPI) were downgraded by analysts.

Onyx Pharmaceuticals, Inc. (ONXX) was downgraded by Jefferies Group (NYSE:JEF) from a “Buy” rating to a “Hold” rating.

Provident New York Bancorp (PBNY) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating.

PACCAR (PCAR) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

Fuel Tech Inc. (FTEK) was downgraded by Avondale Partners from an “Outperform” rating to a “Market Perform” rating.

General Growth Properties, Inc. (GGP) was downgraded by Credit Suisse (NYSE:CS) to a “Neutral” rating.

Group 1 Automotive, Inc. (GPI) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

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