Analysts Downgrade These 4 Stocks in Financial Sector

Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Financial sector for the week ending December 2nd, 2011.

  • Home Properties (NYSE:HME): RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $66 to $60 on Nov 28th. The shares recently traded at $54.95, up $2.06, or 3.89% since the analyst’s rating. About the company: Home Properties, Inc. is a real estate investment trust with operations in selected Northeast, Midwest, and Mid-Atlantic markets in the United States. The Company owns, operates, acquires, and rehabilitates apartment communities. Home Properties also manages commercial space. Get the most recent company news and stock data here >>
  • Campus Crest Communities (NYSE:CCG): RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $13 to $11 on Nov 28th. The shares recently traded at $9.90, up $0.78, or 8.55% since the analyst’s rating. About the company: Campus Crest Communities, Inc. develops, builds, owns and manages student housing. The Company’s properties are located in medium-sized college and university markets. Campus Crest wholly owns some of the buildings, and develops some through a joint venture. Get the most recent company news and stock data here >>
  • Bank of the Ozarks (NASDAQ:OZRK): Wunderlich downgraded its rating on this company from Buy to Hold and changed its price target to $28. About the company: Bank of the Ozarks, Inc. is the holding company for the Bank of the Ozarks. The Bank provides a wide range of retail and commercial banking services throughout operations in northern, western, and central Arkansas. Get the most recent company news and stock data here >>
  • Franklin Resources (NYSE:BEN): Ticonderoga downgraded its rating on this company from Buy to Neutral on Dec 2nd. The shares recently traded at $100.83, up $2.39, or 2.43% since the analyst’s rating. About the company: Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional/separate accounts and high net worth investors. The Company manages various asset classes including domestic, international/global and emerging markets equity, domestic, international and municipal fixed income, money funds, alternative investments, and hedge funds. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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