Benzinga's Top Downgrades
Analysts at Morgan Stanley downgraded Twitter (NYSE: TWTR) from “equal-weight” to “underweight.” The target price for Twitter is set to $33. Twitter's shares closed at $66.45 on Friday.
Analysts at Credit Suisse downgraded Kennametal (NYSE: KMT) from “outperform” to “neutral.” The target price for Kennametal is set to $50. Kennametal's shares closed at $51.99 on Friday.
Citigroup downgraded ARIAD Pharmaceuticals (NASDAQ: ARIA) from “neutral” to “sell.” The target price for ARIAD Pharmaceuticals has been raised from $2.50 to $5.50. ARIAD Pharmaceuticals' shares closed at $7.15 on Friday.
Analysts at Standpoint Research downgraded Apple (NASDAQ: AAPL) from “hold” to “sell.” Apple's shares closed at $540.98 on Friday.
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