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Investment Analysts’ downgrades for Wednesday, April 30th:

ABB (NYSE:ABB) was downgraded by analysts at Bank of America from a buy rating to a neutral rating.

Antofagasta plc (LON:ANTO) was downgraded by analysts at Westhouse Securities to an add rating. The firm currently has GBX 885 ($14.87) price target on the stock, down from their previous price target of GBX 985 ($16.55).

Allied Nevada Gold Corp. (NYSE:ANV) was downgraded by analysts at Scotiabank from a sector perform rating to an underperform rating.

BHP Billiton (NYSE:BHP) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $74.00 target price on the stock. Zacks’ analyst wrote, “BHP Billiton reported improved production results for the first nine months of fiscal 2014. Production of most of the commodities increased in the reported period. In the same time period, the company reported record iron ore production in the WAIO segment. The company has various projects in its pipeline which are expected to start production in fiscal 2015. However, the company has been experiencing reduction in prices for most of its commodities, which is lowering earnings. Labor crises, mining costs, equipment supply uncertainty as well as currency fluctuations are the other headwinds. Based on these factors, we are downgrading our recommendation on the stock to Neutral from Outperform.”

Cameco (TSE:CCO) was downgraded by analysts at TD Securities from a buy rating to a hold rating. They currently have C$26.00 price target on the stock, down from their previous price target of C$29.00.

Coach (NYSE:COH) was downgraded by analysts at UBS AG from a buy rating to a hold rating. UBS AG currently has $45.00 target price on the stock, down from their previous target price of $49.00.

Dresser-Rand Group (NYSE:DRC) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating.

Ensco Plc (NYSE:ESV) was downgraded by analysts at Global Hunter Securities from a buy rating to a neutral rating. The firm currently has $53.00 target price on the stock.

Midcoast Energy Partners (NYSE:MEP) was downgraded by analysts at Bank of America to a neutral rating.

MicroStrategy (NASDAQ:MSTR) was downgraded by analysts at First Analysis to an equal weight rating.

National Presto Industries (NYSE:NPK) was downgraded by analysts at TheStreet to a hold rating.

Serco Group plc (LON:SRP) was downgraded by analysts at Canaccord Genuity to a hold rating. Canaccord Genuity currently has GBX 300 ($5.04) target price on the stock, down from their previous target price of GBX 620 ($10.42).

Susser Holdings (NASDAQ:SUSS) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

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