Benzinga's Top Downgrades

Analysts at Cowen & Company downgraded Diamondback Energy Inc FANG from Outperform to Market Perform. The target price for Diamondback Energy has been lowered from $93 to $75. Diamondback Energy shares closed at $66.00 on Friday. Goldman Sachs downgraded Infinera Corp. INFN from Neutral to Sell. The target price for Infinera has been lowered from $24 to $19. Infinera shares closed at $21.41 on Friday. Analysts at Credit Suisse downgraded EOG Resources Inc EOG from Outperform to Neutral. The target price for EOG Resources has been lowered from $98 to $84. EOG Resources shares closed at $76.92 on Friday. Cowen downgraded Callon Petroleum Company CPE from Outperform to Market Perform. The target price for Callon Petroleum has been lowered from $13 to $9. Callon Petroleum shares closed at $9.05 on Friday. Analysts at JP Morgan downgraded Marvell Technology Group Ltd. MRVL from Overweight to Neutral. Marvell Technology shares closed at $10.85 on Friday. Credit Suisse downgraded Denbury Resources Inc. DNR from Neutral to Underperform. The target price for Denbury Resources has been lowered from $6 to $1. Denbury Resources shares closed at $3.55 on Friday. Analysts at Cowen downgraded Bill Barrett Corporation BBG from Market Perform to Underperform. The target price for Bill Barrett has been lowered from $5 to $1. Bill Barrett shares closed at $4.82 on Friday.
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Posted In: DowngradesAnalyst RatingsTop Downgrades
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