Mid-Day Performance Update on Benzinga's Top Downgrades
Bank of America downgraded US Airways Group (NYSE: LCC) from “neutral” to “underperform.” The target price for US Airways has been lowered from $17 to $16. US Airways' shares are currently priced at $17.03 down 3.51 percent from their previous close of $17.65.
Analysts at Sterne Agee downgraded Occidental Petroleum (NYSE: OXY) from “buy” to “neutral.” Occidental Petroleum's shares are trading at $93.56, down .76 percent from its Tuesday close of $94.26.
Analysts at Goldman Sachs downgraded Joy Global (NYSE: JOY) from “buy” to “neutral.” The price target for Joy Global has been lowered from $72 to $60. Joy Global's shares are priced at $52.85, down 2.21 percent from their Tuesday close of $54.05.
Analysts at Wedbush downgraded Callaway Golf Company (NYSE: ELY) from “outperform” to “neutral.” The price target for Callaway Golf has been lowered from $8 to $7. Callaway Golf's shares are currently trading at $6.87, down 2.97 percent from their Tuesday close of $7.08.
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