Benzinga's Top Downgrades
Analysts at RBC Capital downgraded Blue Nile (NASDAQ: NILE) from “outperform” to “sector perform.” The target price for Blue Nile is set to $36. Blue Nile's shares closed at $34.57 yesterday.
Analysts at Goldman Sachs downgraded Realty Income (NYSE: O) from “neutral” to “sell.” The target price for Realty Income has been raised from $46 to $51. Realty Income's shares closed at $52.41 yesterday.
Analysts at Deutsche Bank downgraded Fabrinet (NYSE: FN) from “buy” to “hold.” The target price for Fabrinet has been lowered from $16 to $15. Fabrinet's shares closed at $14.44 yesterday.
JP Morgan downgraded Devon Energy (NYSE: DVN) from “overweight” to “neutral.” The target price for Devon Energy has been raised from $61.50 to $62.50. Devon Energy's shares closed at $59.15 yesterday.
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