Skip to main content

Market Overview

Benzinga's Top Downgrades

Share:
Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Rackspace Hosting, Inc. (NYSE: RAX) from Overweight to Equal-weight. The price target for Rackspace Hosting has been lowered from $55.00 to $49.00. Rackspace Hosting shares closed at $53.13 yesterday.

Analysts at Macquarie downgraded Verizon Communications Inc. (NYSE: VZ) from Neutral to Underperform. The price target for Verizon Communications has been raised from $44.50 to $45.00. Verizon Communications' shares closed at $49.80 yesterday.

Analysts at Deutsche Bank downgraded SouFun Holdings Ltd (NYSE: SFUN) from Buy to Hold. The price target for SouFun Holdings has been lowered from $9.50 to $7.20. SouFun Holdings' shares closed at $8.06 yesterday.

Analysts at KeyBanc downgraded Rosetta Resources Inc. (NASDAQ: ROSE) from Overweight to Sector Weight and removed the price target of $28.00. Rosetta Resources' shares closed at $24.58 yesterday.

Credit Suisse downgraded LivePerson, Inc. (NASDAQ: LPSN) from Outperform to Neutral. The price target for LivePerson is set to $8. LivePerson shares closed at $9.46 yesterday.

FBR Capital downgraded Gap Inc (NYSE: GPS) from Outperform to Market Perform. Gap shares closed at $39.87 yesterday.

Northland Securities downgraded Numerex Corp. (NASDAQ: NMRX) from Outperform to Market Perform. The price target for Numerex has been lowered from $14.00 to $10.00. Numerex shares closed at $10.27 yesterday.

Credit Suisse downgraded Brookfield Renewable Energy Partners LP (NYSE: BEP) from Neutral to Underperform. The price target for Brookfield Renewable is set to $38. Brookfield Renewable shares closed at $31.73 yesterday.

Compass Point downgraded The First Marblehead Corporation (NYSE: FMD) from Buy to Neutral. The price target for First Marblehead is set to $7. First Marblehead shares closed at $6.75 yesterday.

Latest Ratings for RAX

DateFirmActionFromTo
Nov 2016Deutsche BankTerminates Coverage OnEqual-Weight
Aug 2016Raymond JamesDowngradesMarket PerformUnderperform
Aug 2016Tigress FinancialDowngradesStrong BuyNeutral

View More Analyst Ratings for RAX
View the Latest Analyst Ratings

 

Related Articles (RAX + VZ)

View Comments and Join the Discussion!

Posted-In: Top DowngradesDowngrades Analyst Ratings

Latest Ratings

StockFirmActionPT
HR.UNCIBCMaintains17.0
FDGECIBCMaintains20.0
SNCCIBCMaintains40.0
APENLake StreetInitiates Coverage On12.0
PATHMacquarieInitiates Coverage On69.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com