Excel (EXM) (GRM) (IVN) (NWBI) SHBI) Get Ratings Downgrades

Excel Maritime Carriers Ltd (NYSE: EXM), Graham Packaging Company Inc (NYSE: GRM), Ivanhoe Mines Ltd (NYSE: IVN), Northwest Bancshares, Inc. (NASDAQ: NWBI) and Shore Bancshares, Inc. (NASDAQ: SHBI) downgraded by analysts.

Jefferies (NYSE:JEF) downgraded Excel Maritime Carriers Ltd (EXM) from a “Hold” rating to an “Underperform” rating.

Goldman Sachs (NYSE:GS) downgraded Graham Packaging Company Inc (GRM) from a “Buy” rating to a “Neutral” rating. They set a price target of $24.00 on the stock.

BMO Capital Markets downgraded Ivanhoe Mines Ltd (IVN) from an “Outperform” rating to a “Market Perform” rating.

FBR Capital downgraded Northwest Bancshares, Inc. (NWBI) from an “Outperform” rating to a “Market Perform” rating. They placed a price target of $13 on the firm.

Sandler O’Neill downgraded Shore Bancshares, Inc. (SHBI) from a “Buy” rating to a “Hold” rating.

CenterState (CSFL) (GIB) (HSP) (LXK) (NWBI) Get Ratings Downgrades

CenterState Banks, Inc. (NASDAQ: CSFL), CGI Group Inc (NYSE: GIB), Hospira, Inc. (NYSE: HSP), Lexmark International, Inc. (NYSE: LXK) and Northwest Bancshares, Inc. (NASDAQ: NWBI) get downgraded by analysts.

Raymond James (NYSE:RJF) downgraded CenterState Banks, Inc. (CSFL) from an “Outperform” rating to a “Market Perform” rating.

Wells Fargo & Co. (NYSE:WFC) downgraded CGI Group Inc (GIB) from an “Outperform” rating to a “Market Perform” rating.

Citigroup (NYSE:C) downgraded Hospira, Inc. (HSP) from a “Hold” rating to a “Sell” rating. They set a price target of $1 on the company, down from $54.

Brean Murray downgraded Lexmark International, Inc. (LXK) from a “Buy” rating to a “Hold” rating.

Janney Montgomery Scott downgraded Northwest Bancshares, Inc. (NWBI) from a “Buy” rating to a “Neutral” rating.

Lexmark (LXK) (NWBI) (ROP) (KNOL) Get Ratings Updates

Lexmark (NYSE:LXK), Northwest Bancshares (NASDAQ:NWBI), Roper Industries (NYSE:ROP) and Knology (NASDAQ:KNOL) all received ratings updates from several brokerages.

Lexmark (LXK) was downgraded by Citi (NYSE:C) from "Buy" to "Hold." According to Citigroup, the growth/margin trade-off has been yielding no EPS growth. Citigroup lowered its price target from $55 to $36.

Northwest Bancshares (NWBI) was downgraded by FBR from "Outperform" to "Market Perform." FBR Capital Markets cited valuation as the catalyst for the downgrade.

Roper Industries (ROP) has an "Equal-weight rating on it from Morgan Stanley. They are now viewed as reaching $88, according to Morgan Stanley. Higher sales is driving margin expansion, which resulted in estimates being boosted as well.

Knology (NASDAQ:KNOL) was upgraded by BWS Financial from "Hold" to "Buy." Knology was trading at $15.14, gaining $0.22, or 1.47 percent, as of 2:00 PM EDT.

Marriott (MAR) (NWBI) (SWFT) (TSYS) (UIS) Ratings and Price Targets

Ratings and price targets on Marriott (NYSE: MAR), Northwest Bancshares, Inc. (NASDAQ: NWBI), Swift Transportation (NASDAQ: SWFT), TeleCommunication Systems, Inc. (NASDAQ: TSYS) and Unisys (NYSE: UIS)

Morgan Stanley (NYSE:MS) maintain an “Equal Weight” rating on Marriott (MAR). They have a price target of $38 on Marriott.

Keefe, Bruyette & Woods, Inc reiterated a “Market Perform” rating on Northwest Bancshares, Inc. (NWBI). They have a price target of $13 on the firm.

Citigroup (NYSE:C) maintain a “Buy” rating on Swift Transportation (SWFT). They have a price target of $19 on the company.

JPMorgan Chase & Co. (NYSE:JPM) reiterated an “Overweight” rating on TeleCommunication Systems, Inc. (TSYS). They have a price target of $7 on the stock.

Jefferies (NYSE:JEF) maintain a “Hold” rating on Unisys (UIS). They have a price target of $31 on the company.