Benzinga’s Top Downgrades (CI, JCI, WBD, AXE, TSCO)
January 26, 2010 10:12 AM
CIGNA Corporation (NYSE: CI) declined 1.32% to $35.87 in the pre-market session after CIGNA Corporation was downgraded by Oppenheimer to Perform from Outperform and the price target set to $38. The 52-week trading range for CI is $12.68 - $39.26. CIGNA Corporation closed at $36.35 in the previous trading session.
Johnson Controls, Inc. (NYSE: JCI) fell 2.37% to $29.70 in the pre-market session. Johnson Controls was downgraded today by UBS to Neutral from Buy. In the last six months, Johnson Controls has gained over 21%. The 52-week trading range for JCI is $8.35 - $31.09.
Wimm-Bill-Dann Foods OJSC (ADR) (NYSE: WBD) decreased 2.79% to $19.50 after Wimm-Bill-Dann Foods was downgraded by JP Morgan to Neutral from Overweight and the price target set to $22.50. In the last six months, WBD has gained by 23%. WBD closed at $20.06 in the previous trading session. The 52-week trading range for WBD is $5.79 - $25.97.
Anixter International Inc. (NYSE: AXE) was downgraded today by Credit Suisse to Underperform from Neutral and the price target set to $36. The 52-week trading range for AXE is $24.46 - $48.85. In the last six months, Anixter International has gained 15%. Anixter International closed at $44.74 in the last trading session.
Tractor Supply Company (NASDAQ: TSCO) declined 1.78% to $50.34 in the pre-market session after Tractor Supply Company was downgraded by Robert W. Baird from Outperform to Neutral. In the last trading session, Tractor Supply Company closed at $51.25.The 52 week trading range for TSCO is $28.67 - $54.50.
