Benzinga's Top Downgrades
Analysts at Wells Fargo downgraded Time Warner Cable (NYSE: TWC) from “outperform” to “market perform.” The target price range for Time Warner Cable has been lowered from $110-$115 to $90-$95. Time Warner Cable's shares closed at $89.34 yesterday.
Analysts at Goldman Sachs downgraded Constellation Brands (NYSE: STZ) from “buy” to “neutral.” The target price for Constellation Brands is set to $36. Constellation Brands' shares closed at $32.36 yesterday.
Analysts at Piper Jaffray downgraded Viacom (NASDAQ: VIAB) from “overweight” to “neutral.” The target price for Viacom has been raised from $53 to $58. Viacom's shares closed at $60.35 yesterday.
Citigroup downgraded United Parcel Service (NYSE: UPS) from “buy” to “neutral.” The target price for UPS has been lowered from $86 to $83. UPS's shares closed at $79.29 yesterday.
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