Benzinga's Top Downgrades
Analysts at McNicoll Lewis Valk downgraded XOMA (NASDAQ: XOMA) from “buy” to “hold.” The price target for XOMA has been lowered from $8 to $7. XOMA's shares closed at $6.43 yesterday.
Wells Fargo downgraded FMC (NYSE: FMC) from “outperform” to “market perform.” FMC's shares closed at $83.10 yesterday.
Analysts at Goldman Sachs downgraded Vipshop Holdings (NYSE: VIPS) from “buy” to “neutral.” The price target for Vipshop has been raised from $84.20 to $185. Vipshop's shares closed at $158.48 yesterday.
Keefe Bruyette & Woods downgraded U.S. Bancorp (NYSE: USB) from “outperform” to “market perform.” U.S. Bancorp's shares closed at $42.35 yesterday.
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