Benzinga's Top Downgrades
Analysts at FBR Capital downgraded Urban Outfitters (NASDAQ: URBN) from “outperform” to “market perform.” The target price for Urban Outfitters has been lowered from $44 to $37. Urban Outfitters' shares closed at $36.67 yesterday.
Bank of America downgraded Huntington Ingalls Industries (NYSE: HII) from “buy” to “neutral.” The target price for Huntington Ingalls Industries has been raised from $102 to $106. Huntington Ingalls' shares closed at $99.70 yesterday.
Analysts at BMO Capital downgraded Bristol-Myers Squibb Company (NYSE: BMY) from “outperform” to “market perform.” The target price for Bristol-Myers Squibb has been lowered from $60 to $55. Bristol-Myers Squibb's shares closed at $52.12 yesterday.
JP Morgan downgraded ITC Holdings (NYSE: ITC) from “overweight” to “neutral.” The target price for ITC Holdings has been raised from $36 to $37. ITC's shares closed at $37.30 yesterday.
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