Benzinga's Top Downgrades
Analysts at RBC Capital downgraded Groupon (NASDAQ: GRPN) from “sector perform” to “underperform.” The price target for Groupon has been lowered from $11 to $7. Groupon's shares closed at $10.28 yesterday.
Stifel Nicolaus downgraded Wal-Mart Stores (NYSE: WMT) from “buy” to “hold.” Wal-Mart's shares closed at $73.52 yesterday.
Analysts at Keefe Bruyette & Woods downgraded Essent Group (NYSE: ESNT) from “outperform” to “market perform.” The target price for Essent Group has been raised from $25 to $26. Essent Group's shares closed at $25.25 yesterday.
Analysts at Stifel Nicolaus downgraded Nordstrom (NYSE: JWN) from “buy” to “hold.” Nordstrom's shares closed at $59.44 yesterday.
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