Benzinga's Top Downgrades
Analysts at Piper Jaffray downgraded Corning (NYSE: GLW) from “overweight” to “neutral.” The target price for Corning has been lowered from $19 to $14. Corning's shares closed at $14.46 yesterday.
Analysts at Macquarie downgraded Intel (NASDAQ: INTC) from “outperform” to “neutral.” The target price for Intel has been lowered from $25 to $22. Intel's shares closed at $23.10 yesterday.
Wells Fargo downgraded Micron Technology (NASDAQ: MU) from “market perform” to “underperform.” Micron's shares closed at $18.43 yesterday.
Analysts at Credit Suisse downgraded L Brands (NYSE: LTD) from “outperform” to “neutral.” The target price for L Brands is set to $64. L Brands' shares closed at $56.60 yesterday.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.