Veeco Instruments Inc. (NASDAQ: VECO), Fifth Third Bancorp (NASDAQ: FITB), Telecom Italia (NYSE: TI), Domtar Corp. (NYSE: UFS), DragonWave Inc. (NASDAQ: DRWI) and Fed Investors (NYSE: FII) were downgraded by analysts.
Veeco Instruments Inc. (VECO) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. They have a price target of $30.00 on the company.
Fifth Third Bancorp (FITB) was downgraded by Guggenheim from a “Buy” rating to a “Neutral” rating.
Telecom Italia (TI) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.
Domtar Corp. (UFS) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $80.00 on the company.
DragonWave Inc. (DRWI) was downgraded by CIBC from a “Sector Perform” rating to an “Underperform” rating.
Fed Investors (FII) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $21.00 on the company, down from $22.00.
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