Benzinga's Top Downgrades
Analysts at BMO Capital downgraded Meadwestvaco (NYSE: MWV) from “market perform” to “underperform.” The target price for Meadwestvaco is set to $35.50. Meadwestvaco's shares closed at $35.34 yesterday.
Citigroup downgraded Ericsson (NASDAQ: ERIC) from “buy” to “neutral.” Ericsson's shares closed at $11.94 yesterday.
Analysts at Mizuho Securities downgraded Avanir Pharmaceuticals (NASDAQ: AVNR) from “buy” to “neutral.” The target price for Avanir Pharmaceuticals has been lowered from $11 to $5. Avanir's shares closed at $4.29 yesterday.
Goldman Sachs downgraded Owens-Illinois (NYSE: OI) from “buy” to “neutral.” Owens-Illinois's shares closed at $33.71 yesterday.
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