
These are this Monday’s top analyst downgrades and cautious research notes from Wall St.
BreitBurn Energy Partners L.P. (NASDAQ: BBEP) was downgraded to Neutral from outperform at Baird.
Ecolab Inc. (NYSE: ECL) was downgraded to Neutral from Outperform at Baird.
Gannett Co. Inc. (NYSE: GCI) was downgraded to Underweight at from Equal Weight at Barclays.
Gold Fields Inc. (NYSE: GFI) was downgraded to Neutral from Overweight at HSBC.
JetBlue Airways Inc. (NASDAQ: JBLU) was downgraded to Neutral from Buy at Bank of America/Merrill Lynch.
Leap Wireless Inc. (NASDAQ: LEAP) was downgraded to Underweight from Neutral at J.P. Morgan.
NGL Energy Partners L.P. (NYSE: NGL) was downgraded to Neutral from Outperform at Baird.
Republic Services Inc. (NYSE: RSG) was downgraded to Neutral from Outperform at Credit Suisse.
Targa Resources Partners L.P. (NYSE: NGLS) was downgraded to Neutral from Outperform at Baird.
Union Pacific Co. (NYSE: UNP) was downgraded to Hold from Buy at TD Securities.
HSBC joined in as the latest firm to slash its gold and silver price targets. Gold was downgraded with a new target of $1,542 this year and down to $1,600 for 2014. Silver was cut down to $26 from $33 for this year and to $27 from $31 for 2014.
See also: Top Analyst Upgrades and Positive Calls