Benzinga's Top Downgrades

Analysts at Evercore Partners downgraded Xoom XOOM from Equal-weight to Underweight. The price target for Xoom has been lowered from $15 to $10. Xoom's shares closed at $22.78 on Friday. Analysts at Morgan Stanley downgraded Fortinet FTNT from Overweight to Equal-weight. The price target for Fortinet is set to 29. Fortinet's shares closed at $25.55 on Friday. Analysts at Keefe Bruyette & Woods downgraded Nationstar Mortgage Holdings NSM from Market Perform to Underperform. The price target for Nationstar Mortgage Holdings is set to $30. Nationstar's shares closed at $33.92 on Friday. Analysts at Piper Jaffray downgraded Abercrombie & Fitch Company ANF from Overweight to Neutral. The price target for Abercrombie & Fitch has been lowered from $45 to $35. Abercrombie & Fitch's shares closed at $35.86 on Friday.
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Posted In: DowngradesAnalyst RatingsTop Downgrades
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