Benzinga's Top Downgrades
Analysts at Credit Suisse downgraded Potomac Electric Power Company (NYSE: POM) from “neutral” to “underperform.” The target price for Potomac Electric Power has been raised from $20.50 to $21. Potomac Electric Power's shares closed at $21.77 yesterday.
Analysts at Barclays downgraded Intercontinental Hotels Group (NYSE: IHG) from “overweight” to “equal weight.” Intercontinental Hotels' shares closed at $29.35 yesterday.
Analysts at Deutsche Bank downgraded ITC Holdings (NYSE: ITC) from “buy” to “hold.” The target price for ITC Holdings has been raised from $88 to $93. ITC Holdings' shares closed at $92.01 yesterday.
Keefe Bruyette & Woods downgraded M&T Bank (NYSE: MTB) from “outperform” to “market perform.” M&T Bank's shares closed at $98.48 yesterday.
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