It may well of already been a Hold but I have quoted their...

It may well of already been a Hold but I have quoted their article accurately with regard downgrade to Hold which was mentioned twice.

For example:

Key Points
•Buy price lowered. Downgraded to HOLD

And from the summery:
..we're reducing our Buy price from $1.80 to $1.60 to allow for a greater margin of safety and that means a downgrade to HOLD.

Note: While I’m not a Intelligent Investor subscriber, I was able to view the full article via a Google alert email link. A link to the article in question was also included in my original post. I don’t know if this particular article is restricted to subscribers but I still chose not to post it here on HC out of respect for their copyright.