Nordstrom FALLS to Neutral and 4 Downgraded Shares to Track

Wall St. Watchdog reveals information about companies for which stock analysts downgraded the shares on August 3rd.

MGIC Investment (NYSE:MTG): FBR Capital downgraded its rating on this company from Outperform to Mkt Perform.

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Obagi Medical (NASDAQ:OMPI): Cantor Fitzgerald downgraded its rating on this company from Buy to Hold and changed its price target to $15.

Annaly Capital Mgmt (NYSE:NLY): Wunderlich downgraded its rating on this company from Buy to Hold and changed its price target from $17.5 to $18.

Two Harbors Investment (AMEX:TWO): Wunderlich downgraded its rating on this company from Buy to Hold and changed its price target to $11.

Nordstrom (NYSE:JWN): Robert W. Baird downgraded its rating on this company from Outperform to Neutral and changed its price target from $62 to $59.

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