Friday, August 19, 2011

NetApp (NTAP) (HEES) (IR) (IVR) (OFC) Downgraded

NetApp Inc. (NASDAQ: NTAP), H&E Equipment Services, Inc. (NASDAQ: HEES), Ingersoll-Rand (NYSE: IR), Invesco Mortgage Capital Inc (NYSE: IVR) and Corporation Office Properties (NYSE: OFC) downgraded by analysts.

H&E Equipment Services, Inc. (HEES) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Ingersoll-Rand (IR) was downgraded by Sanford C. Bernstein from an “Outperform” rating to a “Market Perform” rating.

Invesco Mortgage Capital Inc. (IVR) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target $19.00 on the company, down from $22.00.

NetApp Inc. (NTAP) was downgraded by William Blair from an “Outperform” rating to a “Market Perform” rating.

Corporation Office Properties (OFC) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

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