Belden DOWNGRADED to Hold and 3 Downgraded Shares to Watch

August 31, 2012

Wall St. Watchdog reveals information about companies for which stock analysts downgraded the shares on August 31st.

Spectra Energy (NYSE:SE): Barclays downgraded its rating on this company from Overweight to Equal Weight and changed its price target from $31 to $30.

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Layne Christensen (NASDAQ:LAYN): UBS downgraded its rating on this company from Neutral to Sell and changed its price target from $21 to $17.

Belden (NYSE:BDC): Stifel Nicolaus downgraded its rating on this company from Buy to Hold.

Chunghwa Telecom (NYSE:CHT): HSBC Securities downgraded its rating on this company from Neutral to Underweight.

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