Suntech (STP) (MANT) (SCGLY) (ABV) (MDR) (CVC) (CVS) Downgraded

Suntech Power (STP), ManTech (MANT), Societe Generale SA (SCGLY), Companhia De Bebidas (ABV), McDermott International (MDR), CVS Caremark (CVS) and Cablevision (CVC) were downgraded by analysts.

Nomura downgraded Suntech Power (STP) to a "Reduce" rating.

Wells Fargo & Co. downgraded ManTech (MANT) from a "Market Perform" rating to an "Underperform" rating.

HSBC downgraded Societe Generale SA (SCGLY) from a "Overweight" rating to an "Neutral" rating.

HSBC downgraded Companhia De Bebidas (ABV) to a "Neutral" rating.

Howard Weil downgraded McDermott International (MDR) from a "Outperform" rating to an "Market Perform" rating. They have a price target of $16.00 on the company.

Deutsche Bank downgraded Cablevision (CVC) from a "Buy" rating to an "Hold" rating.

BMO Capital Markets downgraded CVS Caremark (CVS) from a "Outperform" rating to an "Market Perform" rating.

Ratings on (SCGLY) (SYK) (TNB) (VTR) Upgraded

Ratings on shares of Societe Generale SA (NASDAQ: SCGLY), Stryker (NYSE: SYK), Thomas & Betts Co. (NYSE: TNB) and Ventas (NYSE: VTR) were upgraded by analysts.

RBS upgraded Societe Generale SA (SCGLY) from a “sell” rating to a “hold” rating.

Goldman Sachs (NYSE:GS) upgraded Stryker (SYK) from a “neutral” rating to a “buy” rating.

Bank of America (NYSE:BAC) upgraded Thomas & Betts Co. (TNB) from a “neutral” rating to a “buy” rating. They have a price target of $68.00 on the company.

Stifel Nicolaus upgraded Ventas (VTR) from a “hold” rating to a “buy” rating. They now have a price target of $60.00 on the company.

Societe Generale Says Palladium Prices Overbought, Buy on Dip

The rise in palladium prices will undergo a correction says Societe Generale, and are overbought at this time. When the correction comes, they recommend buying the dip.

So far in 2010 palladium has soared by 89 percent, generating the idea of the probability of a correction sometime soon.

This is being viewed in the short term, and with supply not able to keep up with growing demand, it will be temporary. Any time a weakness in the metal comes about, investors are encouraged to buy at that time.

ETFS Physical Palladium Shares (NYSE:PALL) closed Tuesday at $72.79, down $2.82, or 3.73 percent.