Benzinga's Top Downgrades

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  • JP Morgan downgraded Wells Fargo & Co WFC from Overweight to Neutral. The price target for Wells Fargo has been lowered from $53.50 to $48. Wells Fargo shares dropped 0.02 percent to $46.55 in pre-market trading.
  • Analysts at Morgan Stanley downgraded Skechers USA Inc SKX from Overweight to Equal-weight. The price target for Skechers USA has been lowered from $41 to $25. Skechers USA shares declined 4 percent to $22.30 in pre-market trading.
  • Raymond James downgraded American Airlines Group Inc AAL from Outperform to Market Perform. American Airlines shares declined 1 percent to $34.80 in pre-market trading.
  • Analysts at Goldman Sachs downgraded Diamond Offshore Drilling Inc DO from Neutral to Sell. Diamond Offshore shares declined 0.98 percent to $15.11 in pre-market trading.
  • Analysts at Johnson Rice downgraded Chicago Bridge & Iron Company N.V. CBI from Buy to Hold. Chicago Bridge & Iron shares fell 0.75 percent to $26.58 in pre-market trading.
  • B. Riley downgraded DTS Inc. DTSI from Buy to Neutral. DTS shares rose 23.04 percent to close at $42.24 on Tuesday.
  • Piper Jaffray downgraded Childrens Place Inc PLCE from Overweight to Neutral. The price target for Children's Place has been lowered from $99 to $88. Children's Place shares fell 2.38 percent to $80.82 in pre-market trading.
  • Analysts at Cowen & Co. downgraded Boston Beer Co Inc SAM from Market Perform to Underperform. Boston Beer shares dropped 3.03 percent to close at $153.40 on Tuesday.
  • Macquarie downgraded Isle of Capri Casinos ISLE from Outperform to Neutral. Isle of Capri Casinos shares gained 1.27 percent to close at $22.32 on Tuesday.
  • Cantor Fitzgerald downgraded Tobira Therapeutics Inc TBRA from Buy to Hold. Tobira Therapeutics shares rose 0.10 percent to $38.95 in pre-market trading.
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Posted In: DowngradesAnalyst RatingsTop Downgrades
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