Benzinga's Top Downgrades
Analysts at Citigroup downgraded Convergys (NYSE: CVG) from “buy” to “neutral.” The target price for Convergys has been raised from $19.50 to $21. Convergys's shares closed at $19.27 yesterday.
Raymond James downgraded Expedia (NASDAQ: EXPE) from “outperform” to “market perform.” Expedia's shares closed at $65.00 yesterday.
Deutsche Bank downgraded Bed Bath & Beyond (NASDAQ: BBBY) from “buy” to “hold.” The target price for Bed Bath & Beyond is set to $78. Bed Bath & Beyond's shares closed at $76.39 yesterday.
Analysts at JP Morgan downgraded Kennametal (NYSE: KMT) from “overweight” to “neutral.” The target price for Kennametal is set to $46. Kennametal's shares closed at $42.44 yesterday.
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