Benzinga's Top Downgrades
Analysts at JP Morgan downgraded C.H. Robinson Worldwide (NASDAQ: CHRW) from “neutral” to “underweight.” The target price for C.H. Robinson has been lowered from $62 to $50. C.H. Robinson's shares closed at $57.51 yesterday.
Analysts at Deutsche Bank downgraded Mack-Cali Realty (NYSE: CLI) from “buy” to “hold.” The target price for Mack-Cali Realty has been lowered from $29 to $28. Mack-Cali Realty's shares closed at $28.14 yesterday.
Analysts at Citigroup downgraded Plains All American Pipeline LP (NYSE: PNG) from “buy” to “neutral.” The target price for Plains All American Pipeline has been raised from $20 to $21. Plains All American Pipeline's shares closed at $55.24 yesterday.
Morgan Stanley downgraded Piedmont Office Realty Trust (NYSE: PDM) from “equal weight” to “underweight.” Piedmont Office Realty Trust's shares closed at $19.52 yesterday.
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