Benzinga's Top Downgrades

Chardan Capital downgraded
Regeneron Pharmaceuticals Inc
(NASDAQ:
REGN
) from Buy to Neutral. The target price for Regeneron Pharmaceuticals is set to $565. Regeneron Pharmaceuticals shares closed at $536.70 on Friday. Analysts at Barclays downgraded
United Technologies Corporation
(NYSE:
UTX
) from Overweight to Equal-weight. The target price for United Technologies has been lowered from $120 to $100. United Technologies shares closed at $93.24 on Friday. Analysts at JP Morgan downgraded
Southern Copper Corp
(NYSE:
SCCO
) from Overweight to Neutral. The target price for Southern Copper has been lowered from $37 to $31.50. Southern Copper shares closed at $27.31 on Friday. Bank of America downgraded
PetroChina Company Limited (ADR)
(NYSE:
PTR
) from Buy to Neutral. PTR shares closed at $85.14 on Friday.
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