MOST NOTEWORTHY:

• Citigroup cut Vonage Holdings Corp (NYSE: VG) to Sell from Hold on patent litigation concerns as the firm believes the risk to profitability has increased.

• General Maritime Corp (NYSE: GMR) was downgraded to Sell from Hold on valuation with a $23 target.

• Newmont Mining Corp (NYSE: NEM) was downgraded to Neutral from Overweight at HSBC.

• Lehman downgraded shares of Edison International (NYSE: EIX) to Equal-Weight from Overweight on valuation.

• Deutsche Bank cut Volvo (NASDAQ: VOLV) to Sell from Hold. Friedman, Billings, Ramsey downgraded shares of SafeNet, Inc (SFNT) based on the Vector acquisition.

• CIBC downgraded Agnico-Eagle Mines Ltd (NYSE: AEM) to Sector Perform from Outperform on valuation as the firm expects an upcoming downward correction due to lower zinc prices.

• Ryan Beck cut Fulton Financial Corp (NASDAQ: FULT) to Market Perform from Outperform with a $16 target; SunTrust Robinson downgraded shares to Neutral from Buy due to the early payment defaults.

• Matrix cut Christopher & Banks Corp (NYSE: CBK) to Sell from Hold on valuation.

• Golden Star Resources Ltd (AMEX: GSS) was downgraded to Market Perform from Outperform at BMO Capital.

• UBS cut Ingersoll-Rand Co Ltd (NYSE: IR) to Neutral from Buy with a $47 target.

Analyst downgrades 3-27-07: Both Vonage & Volvo were downgraded today originally appeared on BloggingStocks on Tue, 27 Mar 2007 10:56:00 EST. Please see our terms for use of feeds.