Notable Downgraded NYSE Stocks are ALU, DO, ECA, TEG


(EMAILWIRE.COM, March 17, 2010 ) Dallas, Tx - Alcatel-Lucent (ADR) (NYSE:ALU) slid 1.45% to $3.40 after Goldman Sachs downgraded Alcatel-Lucent (NYSE: ALU) from Buy to Neutral, saying "as its strong recovery post disappointing 4Q and 2010 guidance leaves only sector-average upside of 10% to our price target.

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Diamond Offshore Drilling, Inc. (NYSE:DO) lost marginally despite Credit Suisse downgraded Diamond Offshore from Neutral to Underperform. The firm also lowered its price target on the stock from $86 to $79.

EnCana Corporation (USA) (NYSE:ECA) plunged 1.27% to $32.69.Today, Macquarie downgraded EnCana Corporation from Outperform to Neutral and price target lowered from $40 to $35.

Integrys Energy Group, Inc. (NYSE:TEG) fell 0.55% to $47.07 after SunTrust downgraded Integrys Energy Group from Buy to Neutral with a price target of $48.

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