Friday, July 15, 2011

ProLogis (PLD) (AVAV) (DGX) (MDU) (SORL) (VR) All Downgraded

ProLogis (NYSE: PLD), AeroVironment (NASDAQ: AVAV), Quest Diagnostics Inc (NYSE: DGX), MDU Resources Group, Inc. (NYSE: MDU), Sorl Auto Parts, Inc. (NASDAQ: SORL) and Validus Holdings, Ltd. (NYSE: VR) downgraded by analysts.

AeroVironment (AVAV) was downgraded by Raymond James (NYSE:RJF) from an “outperform” rating to a “market perform” rating.

Quest Diagnostics (DGX) was downgraded by RBC Capital from an “outperform” rating to a “sector perform” rating. They have a price target of $61.00 on the company, down from $67.00.

MDU Resources Group, Inc. (MDU) was downgraded by Citigroup (NYSE:C) from a “buy” rating to a “hold” rating.

ProLogis (PLD) was downgraded by Jefferies (NYSE:JEF) from a “hold” rating to an “underperform” rating.

Sorl Auto Parts, Inc. (SORL) was downgraded by Oppenheimer from an “outperform” rating to a “perform” rating.

Validus Holdings, Ltd. (VR) was downgraded by Stifel Nicolaus from a “buy” rating to a “hold” rating.

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