Benzinga's Top Downgrades
Analysts at Citigroup downgraded Facebook (NASDAQ: FB) from “buy” to “neutral.” The target price for Facebook is set to $30. Facebook's shares closed at $31.24 yesterday.
Analysts at Credit Suisse downgraded Fusion-io (NYSE: FIO) from “outperform” to “neutral.” The target price for Fusion-io has been lowered from $50 to $17. Fusion-io's shares closed at $20.09 yesterday.
Analysts at Bernstein downgraded KeyCorp (NYSE: KEY) from “market perform” to “underperform.” The target price for KeyCorp has been lowered from $9 to $8. KeyCorp's shares closed at $9.38 yesterday.
RW Baird downgraded Regions Financial (NYSE: RF) from “outperform” to “neutral.” The target price for Regions Financial is set to $8. Regions Financial's shares closed at $7.81 yesterday.
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Tags: Top Downgrades