Ratings on (NLCI) (OMX) (SMT) (SPLS) (STP) Downgraded

Ratings on shares of Nobel Learning Communities (NASDAQ: NLCI), Officemax Inc (NYSE: OMX), SMART Technologies Inc (NYSE: SMT), Staples, Inc. (NASDAQ: SPLS) and Suntech Power (NYSE: STP) were downgraded by analysts.

Signal Hill downgraded Nobel Learning Communities (NLCI) to a “hold” rating.

Oppenheimer downgraded Officemax Inc (OMX) from an “outperform” rating to a “perform” rating. They have a price target of $9.50 on the company, down from $14.00.

Cowen downgraded SMART Technologies Inc (SMT) from an “outperform” rating to a “neutral” rating.

Piper Jaffray (NYSE:PJC) downgraded SMART Technologies Inc (SMT) from an “overweight” rating to a “neutral” rating.

Oppenheimer downgraded Staples, Inc. (SPLS) from an “outperform” rating to a “perform” rating. They have a price target of $19.00 on the company, down from $26.00.

Collins Stewart downgraded Suntech Power (STP) from a “buy” rating to a “neutral” rating. They have a price target of $8.00 on the company, down from $10.00.