Federal Signal (FSS) (LXK) (ROP) (SMP) (SWY) Get Ratings Downgrades

Federal Signal Co. (NYSE: FSS), Lexmark International, Inc. (NYSE: LXK), Roper Industries Inc (NYSE: ROP), Standard Motor Produ (NYSE: SMP) and Safeway Inc. (NYSE: SWY) get analyst downgrades.

BMO Capital Markets downgraded Federal Signal Co. (FSS) from an “Outperform” rating to a “Market Perform” rating. They place a price target of $7 on the company. The downgraded catalyst was based on valuation.

Citigroup (NYSE:C) downgraded Lexmark International, Inc. (LXK) from a “Buy” rating to a “Hold” rating. They set a price target of $36 on the firm, down from $55.

Oppenheimer downgraded Roper Industries Inc (ROP) from an “Outperform” rating to a “Perform” rating.

BB&T (NYSE:BBT) downgraded Standard Motor Produ (SMP) from a “Buy” rating to a “Hold” rating.

Jefferies (NYSE:JEF) downgraded Safeway Inc. (SWY) from a “Buy” rating to a “Hold” rating. They set a price target of $25.00 on the company, down from $26.