Benzinga's Top Downgrades
Analysts at Bank of America downgraded Rockwood Holdings (NYSE: ROC) from “buy” to “neutral.” The target price for Rockwood Holdings is set to $73. Rockwood's shares closed at $67.95 on Friday.
RBC Capital downgraded BlackBerry (NASDAQ: BBRY) from “sector perform” to “underperform.” The target price for BlackBerry has been lowered from $15 to $5. BlackBerry's shares closed at $8.73 on Friday.
Morgan Stanley downgraded Catamaran (NASDAQ: CTRX) from “overweight” to “equal-weight.” Catamaran's shares closed at $49.52 on Friday.
Analysts at Jefferies downgraded Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) from “buy” to “hold.” The target price for Ulta Salon, Cosmetics & Fragrance is set to $120. Ulta Salon's shares closed at $117.63 on Friday.
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