Friday, October 21, 2011

Cognizant (CTSH) (DDAIF) (DIOD) (DRH) (EMN) Downgraded

Cognizant (NASDAQ: CTSH), Daimler AG (OTC: DDAIF), Diodes (NASDAQ: DIOD), Diamondrock Hospital (NYSE: DRH) and Eastman Chemical Co (NYSE: EMN) were downgraded by analysts.

Cognizant (CTSH) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Daimler AG (DDAIF) was downgraded by HSBC (NYSE:HBC) from an “Overweight” rating to a “Neutral” rating.

Diodes (DIOD) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $15.00 on the company.

Diamondrock Hospital (DRH) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

Eastman Chemical Co. (EMN) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

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