SatCon (SATC) (FII) (FRO) (GNET) (MWW) (OSG) Downgraded

SatCon Tech (NASDAQ: SATC), Federated Investors (NYSE: FII), Frontline Ltd. (NYSE: FRO), Global Traffic Network, Inc. (NASDAQ: GNET), Monster Worldwide, Inc. (NYSE: MWW) and Overseas Shipholding Group Inc. (NYSE: OSG) downgraded by analysts.

Federated Investors (FII) was downgraded by Citigroup (NYSE:C) from a “Hold” rating to a “Sell” rating. They have a price target of $16.00 on the company.

Frontline Ltd. (FRO) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating.

Global Traffic Network, Inc. (GNET) was downgraded by Dougherty & Co. from a “Buy” rating to a “Sell” rating.

Monster Worldwide, Inc. (MWW) was downgraded by Citigroup from a “Buy” rating to a “Hold” rating. They have a price target of $10.00 on the company.

Overseas Shipholding Group Inc. (OSG) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating.

SatCon Tech (SATC) was downgraded by Ardour Capital from a “Buy” rating to a “Hold” rating. They have a price target of $1.50 on the company, down from $4.00.

Dendreon (DNDN) (WLT) (WFR) (OSG) (LAMR) (EE) Downgraded

Dendreon Co. (NASDAQ: DNDN), Walter Energy (NYSE: WLT), MEMC Electronic Materials Inc (NYSE: WFR), Overseas Shipholding Group Inc. (NYSE: OSG), Lamar Advertising Company (NASDAQ: LAMR) and El Paso Electric (NYSE: EE) downgraded by analysts.

Dendreon Co. (DNDN) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $20.00 on the company, down from $56.00.

Walter Energy (WLT) was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating.

MEMC Electronic Materials Inc. (WFR) was downgraded by Ardour Capital from a “Buy” rating to an “Accumulate” rating. They have a price target of $8.50 on the company, down from $16.00.

Overseas Shipholding Group Inc. (OSG) was downgraded by Sterne Agee from a “Neutral” rating to a “Sell” rating. They have a price target of $13.00 on the company, down from $31.00.

Lamar Advertising Company (LAMR) was downgraded by The Benchmark Company from a “Buy” rating to a “Hold” rating. They have a price target of $24.00 on the company, down from $33.00.

El Paso Electric (EE) was downgraded by Ticonderoga from a “Buy” rating to a “Neutral” rating.

Vale (VALE) (HUM) (SM) (OSG) (NVMI) (INTU) Price Targets Changed

Vale (NASDAQ: VALE), Humana (NYSE: HUM), SM Energy (NYSE: SM), Overseas Shipholding Group Inc. (NYSE: OSG), Nova Measuring Instruments Ltd. (NASDAQ: NVMI) and Intuit Inc. (NASDAQ: INTU) price targets adjusted by analysts.

Humana (HUM) had its price target raised by Goldman Sachs (NYSE:GS) to $100.00. They have a “Neutral” rating on the company.

Intuit Inc. (INTU) had its price target lowered by Jefferies (NYSE:JEF) to $53.00. They have a “Buy” rating on the company.

SM Energy (SM) had its price target raised by Stifel Nicolaus from $95.00 to $100.00. They have a “Buy” rating on the company.

Overseas Shipholding Group Inc. (OSG) had its price target lowered by Deutsche Bank (NYSE:DB) from $27.00 to $22.00. They have a “Hold” rating on the company.

Nova Measuring Instruments Ltd. (NVMI) had its price target lowered by Needham & Company from $16.00 to $14.00. They have a “Strong Buy” rating on the company.

Vale (VALE) had its price target lowered by Dahlman Rose from $45.00 to $43.00. They have a “Buy” rating on the company.

Ex-Dividend for (OSG) (RTH) (TJX) (LOR) (UNTD) is May 10

The ex-dividend date for Overseas Shipholding Group (NYSE:OSG), Retail HOLDRs (AMEX:RTH), Spartan Motors (NASDAQ:SPAR), TJX Companies (NYSE:TJX) and United Online Inc. (NASDAQ:UNTD) is May 10.

Overseas Shipholding Group (OSG) pays a quarterly dividend of $0.44 with a yield of 6.20 percent.

Retail HOLDRs (RTH) pays a quarterly dividend of $0.01 with a yield of 0.94 percent.

Spartan Motors (SPAR) pays a semi-annual dividend of $0.05 with a yield of 1.60 percent.

TJX Companies (TJX) pays a quarterly dividend of $0.19 with a yield of 1.40 percent.

United Online Inc. (UNTD) pays a quarterly dividend of $0.10 with a yield of 6.15 percent.

Genco (GNK), Teekay (TK), Frontline (FRO) Overseas Shipholding (OSG) up 1.9% Soar on Iranian Warship News

Shares of a number ship transportation companies closed higher Wednesday on the news Iranian warships had been spotted moving through the Suez Canal. Frontline Ltd. (NYSE:FRO), Genco Shipping & Trading Ltd. (NYSE:GNK), Teekay Corp. (NYSE:TK) and Overseas Shipholding Group, Inc. (NYSE:OSG) all ended the session in positive territory.

The warships appeared to be heading toward Syrian waters.

Also helping the shipping companies rise was an increase in crude prices during the day.

Overseas Shipholding Group closed Wednesday at $34.87, gaining $0.79, or 2.32 percent. Frontline Ltd. closed at $27.08, up $0.58, or 2.19 percent. Teekay Corp. ended the session at $35.75, rising $0.74, or 2.11 percent. Genco Shipping & Trading Ltd. closed the day at $12.79, up $0.40. or 3.23 percent.

JPMorgan (NYSE:JPM) Downgrades General Maritime (NYSE:GMR), Frontline (NYSE:FRO), Overseas Shipholding (NYSE:OSG), Nordic American (NYSE:NAT)

The shipping industry has been under pressure lately, and in response, JPMorgan (NYSE:JPM) downgraded General Maritime (NYSE:GMR), Frontline (NYSE:FRO), Overseas Shipholding (NYSE:OSG), and Nordic American Tanker (NYSE:NAT).

JPMorgan did have one upgrade in the sector, DHT Holdings (NYSE:DHT), which they boosted from "Neutral" to "Overweight." DHT Holdings closed Friday at $4.98, up $0.08, or 1.63 percent. JPMorgan raised their price target on them from $5.50 to $6.50.

Nordic American Tanker (NAT) was downgraded from "Neutral" to "Underweight." They closed Friday at $24.46, down $1.18, or 4.60 percent. JPMorgan lowered their price target on them from $27 to $22

General Maritime (GMR) was downgraded from "Overweight" to "Neutral." They closed Friday at $2.98, falling 0.19, or 5.99 percent.

Frontline (FRO) was downgraded from "Overweight" to "Underweight." They closed at $24.93, down $0.68, or 2.66 percent. Their price target was cut from $34 to $23

Overseas Shipholding (OSG) was downgraded from "Overweight" to "Underweight." They closed Friday at $32.73, dropping $1.18, or 3.48 percent. JPMorgan cut their price on them from $41 to $29.