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Equities Research Analysts’ downgrades for Tuesday, May 13th:

Acorn Energy (NASDAQ:ACFN) was downgraded by analysts at Chardan Capital from a buy rating to a neutral rating. Chardan Capital currently has $8.00 target price on the stock.

BIOLASE (NASDAQ:BIOL) was downgraded by analysts at WallachBeth Capital from a buy rating to a hold rating. They currently have $2.50 price target on the stock, down from their previous price target of $4.00.

Coach (NYSE:COH) was downgraded by analysts at TheStreet to a hold rating.

DFC Global Corp (NASDAQ:DLLR) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating. The firm currently has $9.50 target price on the stock, down from their previous target price of $14.00.

1st Century Bancshar (NASDAQ:FCTY) was downgraded by analysts at FIG Partners from an outperform rating to a market perform rating. They currently have $8.50 target price on the stock.

Guestlogix (TSE:GXI) was downgraded by analysts at LB Securities to a hold rating.

Horizon Technology Finance Corp (NASDAQ:HRZN) was downgraded by analysts at Gilford Securities from a buy rating to a neutral rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

Nordea Bank Ab (NASDAQ:NRBAY) was downgraded by analysts at Kepler Capital Markets from a buy rating to a hold rating.

Pinnacle Foods (NYSE:PF) was downgraded by analysts at BMO Capital Markets from an outperform rating to a market perform rating. They currently have $38.00 target price on the stock, up from their previous target price of $31.00.

PhotoMedex (NASDAQ:PHMD) was downgraded by analysts at Maxim Group from a buy rating to a hold rating. They currently have $20.00 price target on the stock.

Weibo Corp (ADR) (NYSE:WB) was downgraded by analysts at WallachBeth Capital from a buy rating to a hold rating. They currently have $2.50 target price on the stock, down from their previous target price of $4.00.

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