Benzinga's Top Downgrades


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Analysts at Keefe Bruyette & Woods downgraded Citigroup Inc

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(NYSE: C) from Outperform to Market Perform. The target price for Citigroup is set to $51. Citigroup shares fell 1.05 percent to $44.45 in pre-market trading.Piper Jaffray downgraded Allergan plc Ordinary Shares (NYSE: AGN) from Overweight to Neutral. The target price for Allergen has been lowered from $311 to $238. Allergen shares fell 0.01 percent to close at $217.13 on Friday.Analysts at Jefferies downgraded ARM Holdings plc (ADR)

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(NASDAQ: ARMH) from Buy to Hold. ARM Holdings shares fell 2.41 percent to $40.94 in pre-market trading.SunTrust Robinson Humphrey downgraded Hyatt Hotels Corporation (NYSE: H) from Buy to Neutral. Hyatt Hotels shares closed at $48.09 on Friday.Sterne Agee CRT downgraded NetApp Inc. (NASDAQ: NTAP) from Neutral to Underperform. NetApp shares closed at $25.12 on Friday.Analysts at UBS downgraded Union Pacific Corporation (NYSE: UNP) from Buy to Neutral. Union Pacific shares closed at $81.24 on Friday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: DowngradesAnalyst RatingsTop Downgrades