Benzinga's Top Downgrades
Analysts at JP Morgan downgraded Fairchild Semiconductor International (NYSE: FCS) from “overweight” to “neutral.” The target price for Fairchild Semiconductor has been lowered from $16 to $12. Fairchild Semiconductor's shares closed at $12.15 yesterday.
Analysts at Compass Point downgraded Verifone Systems (NYSE: PAY) from “buy” to “neutral.” The target price for Verifone has been lowered from $25 to $20. Verifone's shares closed at $19.86 yesterday.
Analysts at Citigroup downgraded Varian Medical Systems (NYSE: VAR) from “neutral” to “sell.” The target price for Varian Medical Systems is set to $63. Varian Medical's shares closed at $66.57 yesterday.
Alta Corp Capital downgraded Enerplus (NYSE: ERF) from “outperform” to “sector perform.” The target price for Enerplus has been raised from $15.60 to $17.55. Enerplus's shares closed at $12.90 yesterday.
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