Market Overview

UPDATE: Performance of Benzinga's Top Downgrades

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Bank of America downgraded Canadian Imperial Bank of Commerce (NYSE: CM) from Buy to Neutral. The target price for Canadian Imperial Bank of Commerce has been lowered from $96 to $89. Canadian Imperial Bank of Commerce's shares closed at $76.90 yesterday. Stock down 1.77 percent to $75.54.

Analysts at Keefe Bruyette & Woods downgraded Aon plc (NYSE: AON) from Outperform to Market Perform. Aon's shares closed at $66.41 yesterday. Stock down 3.12 percent to $64.33.

Analysts at JP Morgan downgraded QR Energy LP (NYSE: QRE) from Overweight to Neutral. The target price for QR Energy has been lowered from $20 to $19. QR Energy's shares closed at $17.09 yesterday. Stock down 1.23 percent to $16.88.

Analysts at Lazard Capital Markets downgraded Panera Bread Company (NASDAQ: PNRA) from Buy to Neutral. Panera Bread's shares closed at $193.82 yesterday. Stock down 0.66 percent to $192.55.

Posted-In: Aon plc Bank of America Canadian Imperial Bank of Commerce JP Morgan Keefe Bruyette & Woods Lazard Capital Markets Panera Bread Company QR Energy LPDowngrades Movers & Shakers Intraday Update Analyst Ratings Movers General

 

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