Benzinga's Top Downgrades
Analysts at Goldman Sachs downgraded Chicago Bridge & Iron Company NV (NYSE: CBI) from “conviction buy” to “neutral.” The target price for Chicago Bridge & Iron Company is set to $68. Chicago Bridge's shares closed at $60.45 yesterday.
Morgan Stanley downgraded Microsoft (NASDAQ: MSFT) from “overweight” to “equal-weight.” Microsoft's shares closed at $31.88 yesterday.
Analysts at Wunderlich downgraded Concur Technologies (NASDAQ: CNQR) from “buy” to “hold.” The target price for Concur Technologies is set to $96. Concur Technologies' shares closed at $99.18 yesterday.
Analysts at Lazard Capital Markets downgraded VIVUS (NASDAQ: VVUS) from “neutral” to “sell.” VIVUS's shares closed at $12.90 yesterday.
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