Shire (SHPGY) (ERT) (INSM) (NNA) (PAET) (PKY) (SHPGY) (TRLG) (VE) (WMT) Downgraded

Shire (SHPGY), eResearchTech (NYSE: ERT), Insmed Incorporated (NASDAQ: INSM), Navios Maritime Acquisition (NYSE: NNA), PAETEC Holding Corp. (NASDAQ: PAET), Parkway Properties (NYSE: PKY), Shire (NASDAQ: SHPGY), True Religion Apparel, Inc. (NASDAQ: TRLG), Veolia Environnement (NYSE: VE) and Wal-Mart Stores Inc (NYSE: WMT) downgraded by analysts.

eResearchTech (ERT) was downgraded by The Benchmark Company from a “Buy” rating to a “Hold” rating. They have a price target of $6.50 on the company, down from $7.50.

Insmed Incorporated (INSM) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

Navios Maritime Acquisition (NNA) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating.

PAETEC Holding Corp. (PAET) was downgraded by Cowen from an “Outperform” rating to a “Neutral” rating.

Parkway Properties (PKY) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

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

True Religion Apparel, Inc. (TRLG) was downgraded by Standpoint Research from a “Buy” rating to a “Hold” rating.

Veolia Environnement (VE) was downgraded by HSBC from an “Overweight” rating to a “Neutral” rating.

Wal-Mart Stores Inc. (WMT) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $56.00 on the company, down from $61.00.