Panasonic (PC) (CYT) (DEO) (MUSA) (FIS) Downgraded

Panasonic Co. (NYSE: PC), Cytec Industries Inc. (NYSE: CYT), Diageo (NYSE: DEO), Metals USA Holdings Corp (NASDAQ: MUSA) and Fidelity National Information Services (NYSE: FIS) downgraded by analysts.

Panasonic Co. (PC) was downgraded by Credit Agricole from an “Outperform” rating to an “Underperform” rating.

Cytec Industries Inc. (CYT) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating.

Diageo (DEO) was downgraded by Nomura to a “Neutral” rating.

Metals USA Holdings Corporation (MUSA) was downgraded by Keybanc from a “Buy” rating to a “Hold” rating.

Fidelity National Information Services (FIS) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Cytec (CYT) (CRI) (DECK) (UBNK) Ratings and Price Targets

Ratings and price targets on Carter’s, Inc. (NYSE: CRI), Cytec Industries Inc. (NYSE: CYT), Deckers Outdoor (NASDAQ: DECK) and United Financial Bancorp, Inc. (NASDAQ: UBNK).

JPMorgan Chase & Co. (NYSE:JPM) reiterated a “Neutral” rating on shares of Carter’s, Inc. (CRI). They have a $27.00 price target on the company.

Jefferies (NYSE:JEF) maintains a “Buy” rating on Cytec Industries Inc. (CYT). They have a price target of $65.00 on the firm.

Piper Jaffray (NYSE:PJC) reiterated a “Neutral” rating on Deckers Outdoor (DECK). They have a price target of $98.00 on the stock.

Credit Suisse (NYSE:CS) maintains an “Outperform” rating on Cytec Industries Inc. (CYT). They have a price target of $67.00 on the company.

Keefe, Bruyette & Woods, Inc. reiterated a “Market Perform” rating on United Financial Bancorp, Inc. (UBNK). They have a price target of $16.00 on the firm.

Cytec Industries (NYSE:CYT) Lowered on Lack of Visibility for Coating Orders

With uncertainty surrounding the December coatings orders for Cytec Industries Inc. (NYSE:CYT), Jefferies lowered their price target and EPS estimates on the company.

Jefferies concluded, "Despite being 2/3rds complete, lack of visibility around December coatings orders suggests 4Q results still have the potential to deviate from its updated ranges."

EPS estimates for full year 2011 were lowered from $3.75 to $3.65, and for full year 2012 from $4.30 to $4.25.

Jefferies maintains their "Buy" rating on Cytec at this time, which closed Tuesday at $47.83, losing $1.04, or 2.13 percent. They have a price target of $59 on them, dropping it from $60.