Benzinga's Top Downgrades
Analysts at Morgan Stanley downgraded Strayer Education (NASDAQ: STRA) from “equal-weight” to “underweight.” The target price for Strayer Education is set to $30. Strayer Education's shares closed at $39.42 yesterday.
Analysts at Bank of America downgraded PetSmart (NASDAQ: PETM) from “buy” to “neutral.” The target price for PetSmart has been lowered from $90 to $80. PetSmart's shares closed at $72.75 yesterday.
Analysts at Deutsche Bank downgraded Advance Auto Parts (NYSE: AAP) from “buy” to “hold.” The target price for Advance Auto Parts has been raised from $92 to $106. Advance Auto Parts' shares closed at $99.18 yesterday.
BMO Capital downgraded Avon Products (NYSE: AVP) from “outperform” to “market perform.” The target price for Avon Products has been lowered from $26 to $18. Avon's shares closed at $17.50 yesterday.
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