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Research Analysts’ downgrades for Monday, April 14th:

China Automotive Systems (NASDAQ:CAAS) was downgraded by analysts at Zacks to a neutral rating. The firm currently has $8.70 target price on the stock.

Bancolombia (NYSE:CIB) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. They currently have $54.70 target price on the stock.

Cynosure (NASDAQ:CYNO) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $26.60 price target on the stock.

HSBC Holdings plc (NASDAQ:HSBC) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. They currently have $47.00 target price on the stock. Zacks’ analyst wrote, “We are downgrading our recommendation on HSBC to Underperform due to persistent pressure on its top line. However, the company’s overall performance in 2013 was impressive, driven by lower operating expenses and a marginal rise in revenues. Capital and profitability ratios improved as well. We believe that restructuring efforts, cost saving initiatives, diversified revenue sources and a strong capital position will continue to aid bottom-line growth. Nevertheless, sluggish revenue growth in its mature markets, a still weak European economy, lower loan demand, higher litigation costs and stringent regulations remain major near-term concerns.”

Joe's Jeans (NASDAQ:JOEZ) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. They currently have $1.40 price target on the stock.

Kansas City Southern (NYSE:KSU) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. Zacks currently has $100.00 price target on the stock.

Midstates Petroleum Company (NYSE:MPO) was downgraded by analysts at MLV & Co
from a buy rating to a hold rating.

ArcelorMittal SA (NYSE:MT) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. Zacks currently has $15.00 price target on the stock.

M/A-COM Technology Solutions Holdings (NASDAQ:MTSI) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. Zacks currently has $23.60 target price on the stock.

OneBeacon Insurance Group (NYSE:OB) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $17.50 target price on the stock.

Aratana Therapeutics (NASDAQ:PETX) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $18.40 price target on the stock.

Shoe Carnival (NASDAQ:SCVL) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. Zacks currently has $20.70 target price on the stock.

SouFun Holdings (NASDAQ:SFUN) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $15.30 target price on the stock.

Stone Energy (NYSE:SGY) was downgraded by analysts at Zacks from an outperform rating to an underperform rating. Zacks currently has $40.00 target price on the stock. Zacks’ analyst wrote, “We are downgrading our recommendation on Stone Energy shares to Underperform from Outperform. The company’s main focus remains on the GoM shelf as well as the Marcellus region. The growing exploration exposure to the mature, low reserve life and capital intensive GoM shelf is expected to aggravate Stone Energy’s risk profile. Moreover, Stone Energy’s earnings and revenues decreased during the fourth quarter, mainly due to lower price realizations. As is the case with other independent exploration and production companies, results for Stone Energy are directly exposed to oil and gas prices, which are inherently volatile and subject to complex market forces. “

Sorl Auto Parts (NASDAQ:SORL) was downgraded by analysts at Zacks to a neutral rating. Zacks currently has $3.60 price target on the stock.

Wesco Aircraft Holdings (NASDAQ:WAIR) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. They currently have $24.50 price target on the stock.

Whiting USA Trust I (NYSE:WHX) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. They currently have $3.10 price target on the stock.

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