Monday, January 9, 2012

DCP (DPM) (PM) (RAI) (RFMD) (CSFL) (DFT) Downgraded

DCP Midstream Partners, LP (NYSE: DPM), Philip Morris (NYSE: PM), Reynolds American, Inc. (NYSE: RAI), RF Micro Device (NASDAQ: RFMD), CenterState Banks, Inc. (NASDAQ: CSFL) and DuPont Fabros Technology, Inc. (NYSE: DFT) were downgraded by analysts.

Philip Morris (PM) was downgraded by Davenport from a “Buy” rating to a “Neutral” rating.

Reynolds American, Inc. (RAI) was downgraded by Davenport from a “Buy” rating to a “Neutral” rating.

RF Micro Device (RFMD) was downgraded by DA Davidson from a “Buy” rating to a “Neutral” rating. They lowered their price target on the company from $7.00 to $5.00.

CenterState Banks, Inc. (CSFL) was downgraded by Keefe, Bruyette & Woods, Inc from an “Outperform” rating to a “Market Perform” rating.

DuPont Fabros Technology, Inc. (DFT) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

DCP Midstream Partners, LP (DPM) was downgraded by Bank of America (NYSE:BAC) to a “Neutral” rating.

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