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Benzinga's Top Downgrades

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Analysts at Citigroup downgraded Coach (NYSE: COH) from “buy” to “neutral.” The target price for Coach has been lowered from $56 to $50. Coach's shares closed at $45.71 yesterday.

Analysts at RBC Capital Markets downgraded ABB (NYSE: ABB) from “outperform” to “sector perform.” ABB's shares closed at $24.12 yesterday.

Piper Jaffray downgraded AGCO (NYSE: AGCO) from “overweight” to “neutral.” The target price for AGCO has been lowered from $67 to $62. AGCO's shares closed at $56.40 yesterday.

Gabelli downgraded Frontier Communications (NASDAQ: FTR) from “buy” to “hold.” Frontier Communications shares closed at $5.85 yesterday.

Posted-In: Top DowngradesDowngrades Analyst Ratings

 

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