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Benzinga's Top Downgrades

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Benzinga's Top Downgrades
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Analysts at Raymond James downgraded Covidien plc (NYSE: COV) from “strong buy” to “outperform.” The target price for Covidien has been lowered from $88 to $81. Covidien's shares closed at $91.18 yesterday.

Analysts at Credit Suisse downgraded HollyFrontier (NYSE: HFC) from “outperform” to “neutral.” HollyFrontier's shares closed at $45.48 yesterday.

Barclays downgraded Air Products and Chemicals (NYSE: APD) from “overweight” to “equal-weight.” The price target for Air Products and Chemicals has been raised from $125 to $135. Air Products and Chemicals' shares closed at $128.06 yesterday.

Wells Fargo downgraded VeriSign (NASDAQ: VRSN) from “outperform” to “market perform.” VeriSign's shares closed at $50.73 yesterday.

Latest Ratings for COV

DateFirmActionFromTo
Nov 2014JefferiesMaintainsBuy
Oct 2014Morgan StanleyDowngradesOverweightEqualweight
Jul 2014CitigroupMaintainsBuy

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Posted-In: Top DowngradesDowngrades Analyst Ratings

 

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