Benzinga's Top Downgrades
Analysts at BMO Capital downgraded Archer Daniels Midland Company (NYSE: ADM) from “outperform” to “market perform.” The target price for Archer Daniels Midland is set to $32. Archer Daniels Midland's shares closed at $31.70 yesterday.
Analysts at Evercore downgraded Texas Instruments (NASDAQ: TXN) from “overweight” to “equal weight.” Texas Instruments' shares closed at $33.73 yesterday.
Analysts at FBR Capital downgraded Atmel (NASDAQ: ATML) from “outperform” to “market perform.” The target price for Atmel has been lowered from $8 to $7.50. Atmel's shares closed at $6.5490 yesterday.
Piper Jaffray downgraded Meredith (NYSE: MDP) from “overweight” to “neutral.” The target price for Meredith has been raised from $38 to $43. Meredith's shares closed at $42.56 yesterday.
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