Air Products (NYSE:APD) was downgraded by Keybanc (NYSE:KEY) to hold from buy due to a lack of near term catalysts, and lower earnings.
Shares are lower by about four tenths of a percent.
CTC Media (CTCM) was downgraded by Deutsche Bank (NYSE:DB) to hold from buy with a price target of $9.30 as the stock price is up by over 20% during the last three months and the firm believes it to be fully valued.
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