Mid-Day Update: Benzinga's Top Downgrades
Analysts at Benchmark downgraded Moody's (NYSE: MCO) from Buy to Hold. The target price for Moody's has been raised from $60 to $71. Moody's shares are currently trading at $64.01, down 1.52 percent from its Monday close at $65.00.
Analysts at Morgan Stanley downgraded XenoPort (NASDAQ: XNPT) from Equal-Weight to Underweight. The target price for XenoPort has been lowered from $3 to $2. XenoPort's shares are currently priced at $5.18, down 5.99 percent from its previous close at $5.51.
Analysts at Sterne Agee downgraded Lululemon Athletica (NASDAQ: LULU) from Buy to Neutral. The target price for lululemon athletica has been lowered from $90 to $75. lululemon athletica's shares are currently trading at $68.78, down 16.41 percent from its previous close at $82.28.
Dundee downgraded Teck Resources (NYSE: TCK) from Buy to Neutral. Teck Resources' shares are currently priced at $24.47, down .41 percent from its Monday close at $24.57.
Latest Ratings for MCO
|Jul 2016||Credit Suisse||Initiates Coverage on||Neutral|
|Apr 2016||BMO Capital||Initiates Coverage on||Perform|
|Feb 2016||Argus Research||Maintains||Buy|
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