Wednesday, December 21, 2011

Novellus (NVLS) (NRF) (OC) (FPO) (FSTR) (GVA) Downgraded

Novellus Systems, Inc. (NASDAQ: NVLS), Northstar Realty Finance Corp. (NYSE: NRF), Owens Corning (NYSE: OC), First Potomac Realty (NYSE: FPO), L.B. Foster Company (NASDAQ: FSTR) and Granite Construction Inc. (NYSE: GVA) were downgraded by analysts.

Northstar Realty Finance Corp. (NRF) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

Novellus Systems, Inc. (NVLS) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

Owens Corning (OC) was downgraded by RBC Capital to an “Outperform” rating.

First Potomac Realty (FPO) was downgraded by Keefe, Bruyette & Woods to a “Market Perform” rating.

L.B. Foster Company (FSTR) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

Granite Construction Inc. (GVA) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

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