Wednesday, April 27, 2011

Helix (HLX) (MAS) (SFSF) (SB) Get Ratings Downgrades

Helix Energy Solutions Group Inc. (NYSE: HLX), Masco Co. (NYSE: MAS), SuccessFactors, Inc. (NASDAQ: SFSF) and Safe Bulkers, Inc. (NYSE: SB) downgraded by analysts.

Morgan Stanley (NYSE:MS) downgraded Helix Energy Solutions Group Inc. (HLX) from an “Overweight” rating to an “Equal Weight” rating. They placed a price target of $18 on the stock. They cited the catalyst as being valuation.

RBC Capital downgraded Masco Co. (MAS) from a “Sector Perform” rating to an “Underperform” rating. They set a price target of $13.00 on the firm, down from $14.

Gleacher & Co. (NASDAQ:GLCH) downgraded SuccessFactors, Inc. (SFSF) from a “Buy” rating to a “Neutral” rating.

Jefferies (NYSE:JEF) downgraded Safe Bulkers, Inc. (SB) from a “Buy” rating to a “Hold” rating. They placed a price target $8 on the company, down from $12.00.

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