Benzinga's Top Downgrades
Analysts at JP Morgan downgraded General Electric Company (NYSE: GE) from “overweight” to “neutral.” The target price for General Electric has been lowered from $24 to $22. General Electric's shares closed at $21.75 on Friday.
Analysts at Deutsche Bank downgraded Newmont Mining (NYSE: NEM) from “hold” to “sell.” Newmont Mining's shares closed at $32.98 on Friday.
Analysts at Bank of America downgraded Kimberly-Clark (NYSE: KMB) from “buy” to “neutral.” The target price for Kimberly-Clark has been raised from $106 to $108. Kimberly-Clark's shares closed at $106.10 on Friday.
JP Morgan downgraded Wipro (NYSE: WIT) from “overweight” to “neutral.” Wipro's shares closed at $8.13 on Friday.
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