Suntech (STP) (COL) (EGO) (HRL) (IHG) (LNCR) (PEG) Downgraded

Suntech Power (NYSE: STP), Rockwell Collins (NYSE: COL), Eldorado Gold Co. (NYSE: EGO), Hormel Foods Co. (NYSE: HRL), Intercontinental Hotels Group (NYSE: IHG), Lincare (NASDAQ: LNCR) and Public Service Enterprise Group Inc. (NYSE: PEG) downgraded by analysts.



Suntech Power (STP) was downgraded by Ardour Capital from a “Hold” rating to a “Sell” rating. They have a price target of $3.00 on the company, down from $7.50.



Rockwell Collins (COL) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $53.00 on the company, down from $71.00.



Eldorado Gold Co. (EGO) was downgraded by Macquarie from a “Neutral” rating to an “Underperform” rating.



Hormel Foods Co. (HRL) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.



Intercontinental Hotels Group (IHG) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating.



Lincare (LNCR) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Hold” rating.



Public Service Enterprise Group Inc. (PEG) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $33.00 on the company, down from $35.00.