Wednesday, April 27, 2011

CenterState (CSFL) (GIB) (HSP) (LXK) (NWBI) Get Ratings Downgrades

CenterState Banks, Inc. (NASDAQ: CSFL), CGI Group Inc (NYSE: GIB), Hospira, Inc. (NYSE: HSP), Lexmark International, Inc. (NYSE: LXK) and Northwest Bancshares, Inc. (NASDAQ: NWBI) get downgraded by analysts.

Raymond James (NYSE:RJF) downgraded CenterState Banks, Inc. (CSFL) from an “Outperform” rating to a “Market Perform” rating.

Wells Fargo & Co. (NYSE:WFC) downgraded CGI Group Inc (GIB) from an “Outperform” rating to a “Market Perform” rating.

Citigroup (NYSE:C) downgraded Hospira, Inc. (HSP) from a “Hold” rating to a “Sell” rating. They set a price target of $1 on the company, down from $54.

Brean Murray downgraded Lexmark International, Inc. (LXK) from a “Buy” rating to a “Hold” rating.

Janney Montgomery Scott downgraded Northwest Bancshares, Inc. (NWBI) from a “Buy” rating to a “Neutral” rating.

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