Petrohawk (HK) (SMG) (USG) (ERF) (EVC) Downgraded

Petrohawk Energy (NYSE: HK), Scotts Miracle-Gro (NYSE: SMG), USG Co. (NYSE: USG), Enerplus Resources Fund (NYSE: ERF) and Entravision Communication (NYSE: EVC) downgraded.

Enerplus Resources Fund (NYSE: ERF) was downgraded by Canaccord Genuity from a “buy” rating to a “hold” rating.

Entravision Communication (NYSE: EVC) was downgraded by Gilford Securities from a “buy” rating to a “hold” rating.

Petrohawk Energy (NYSE: HK) was downgraded by RBC Capital to a “sector perform” rating.

Scotts Miracle-Gro (NYSE: SMG) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating. They have a price target of $50.00 on the company, down from $57.00.

USG Co. (NYSE: USG) was downgraded by RBC Capital from an “outperform” rating to a “sector perform” rating. They have a price target of $14.00 on the company, down from $16.00.

USG Corp.'s (NYSE:USG) PT, ESP Estimates Raised by Goldman (NYSE:GS)

Goldman Sachs raised their EPS estimates and price target on USG Corp. (NYSE:USG), saying they see the company focusing on increasing margins rather than sales volume in 2011.

They responded by increasing their EPS estimates for full year 2011 and full year 2012 from $1.74 and $0.25 to $1.53 and $0.19, based on stronger pricing power.

Also noted was the reduction in operation costs by the company. Consequently, stronger margins should be sustainable.

Goldman maintains a "Neutral" rating on USG, which closed Thursday at $16.75, down $0.50, or 2.90 percent. Goldman raised their price target on USG from $11 to $12.50.