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Research Analysts’ downgrades for Tuesday, June 3rd:

Piraeus Bank Sa (NASDAQ:BPIRY) was downgraded by analysts at Nomura from a neutral rating to a reduce rating.

Banco Popolare Socie (NASDAQ:BPSAY) was downgraded by analysts at Nomura to a neutral rating.

Danone SA (OTCMKTS:DANOY) was downgraded by analysts at Goldman Sachs from a neutral rating to a sell rating.

HEINEKEN N V/S (OTCMKTS:HEINY) was downgraded by analysts at Goldman Sachs from a neutral rating to a sell rating.

KLOECKNER & CO AG (NASDAQ:KLKNF) was downgraded by analysts at Kepler Capital Markets from a hold rating to a reduce rating.

Kosmos Energy (NYSE:KOS) was downgraded by analysts at Global Hunter Securities from an accumulate rating to a neutral rating. Global Hunter Securities currently has $11.00 target price on the stock, down from their previous target price of $12.50.

Oxford Lane Capital (NASDAQ:OXLC) was downgraded by analysts at Ladenburg Thalmann from a buy rating to a neutral rating.

PHH (NYSE:PHH) was downgraded by analysts at Compass Point from a buy rating to a neutral rating. The firm currently has $26.00 target price on the stock, down from their previous target price of $28.00.

Severstal Jt Stk (NASDAQ:SVJTY) was downgraded by analysts at JPMorgan Chase & Co. from an overweight rating to a neutral rating.

Triangle Petroleum (NASDAQ:TPLM) was downgraded by analysts at Global Hunter Securities from a buy rating to a neutral rating. They currently have $10.00 price target on the stock.

Quiksilver (NYSE:ZQK) was downgraded by analysts at Goldman Sachs from a buy rating to a neutral rating.

Quiksilver (NYSE:ZQK) was downgraded by analysts at Citigroup Inc. from a buy rating to a neutral rating.

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