Benzinga's Top Downgrades


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Berenberg downgraded Lockheed Martin Corporation

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(NYSE: LMT) from Buy to Hold. Lockheed Martin shares rose 0.08 percent to close at $240.09 on Friday.RBC Capital downgraded Marketo Inc (NASDAQ: MKTO) from Outperform to Sector Perform. Marketo shares gained 0.19 percent to $32.26 in pre-market trading.Cross Research downgraded Workday Inc (NYSE: WDAY) from Buy to Hold. Workday shares dropped 2.53 percent to close at $76.03 on Friday.Analysts at Stifel Nicolaus downgraded FEI Company

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(NASDAQ: FEIC) from Buy to Hold. FEI shares surged 14.33 percent to close at $108.13 on Friday.Analysts at Piper Jaffray downgraded Signature Bank (NASDAQ: SBNY) from Overweight to Neutral. Signature Bank shares dropped 0.55 percent to $136.62 in pre-market trading.Bank of America downgraded Honda Motor Co Ltd (ADR) (NYSE: HMC) from Buy to Neutral. Honda Motor shares fell 2.09 percent to close at $27.17 on Friday.Analysts at Morgan Stanley downgraded Terex Corporation (NYSE: TEX) from Overweight to Equal-weight. The target price for Terex has been lowered from $26 to $21. Terex shares dipped 14.14 percent to close at $20.89 on Friday.Analysts at Argus Research downgraded Southwest Gas Corporation (NYSE: SWX) from Buy to Hold. Southwest Gas shares rose 1.11 percent to close at $69.99 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 RatingsAerospace & DefenseIndustrialsTop Downgrades