Market Overview

Benzinga's Top Downgrades

Share:
Benzinga's Top Downgrades

RBC Capital Markets downgraded Lam Research Corporation (NASDAQ: LRCX) from Sector Perform to Underperform. The price target for Lam Research has been lowered from $76 to $52. Lam Research shares closed at $65.42 on Monday.

Analysts at Needham downgraded Teledyne Technologies Incorporated (NYSE: TDY) from Buy to Hold. Teledyne Technologies shares closed at $89.85 on Monday.

Mizuho Securities downgraded Illumina, Inc. (NASDAQ: ILMN) from Buy to Neutral. Illumina shares closed at $163.50 on Monday.

Analysts at Benchmark downgraded EXACT Sciences Corporation (NASDAQ: EXAS) from undefined to Hold. The price target for Exact Sciences has been lowered from $34 to $11. Exact Sciences shares closed at $18.53 on Monday.

Analysts at Suntrust Robinson downgraded Concho Resources Inc (NYSE: CXO) from Buy to Neutral. The price target for Concho Resources has been lowered from $139 to $115. Concho Resources shares closed at $107.48 on Monday.

BMO Capital downgraded Cummins Inc. (NYSE: CMI) from Outperform to Market Perform. The price target for Cummins has been lowered from $140 to $110. Cummins shares closed at $111.76 on Monday.

Analysts at Stifel Nicolaus downgraded Linn Energy LLC (NASDAQ: LINE) from Buy to Hold. Linn Energy shares closed at $2.99 on Monday.

Barclays downgraded Telecom Italia SpA (ADR) (NYSE: TI) from Equal-weight to Underweight. Telecom Italia shares closed at $11.92 on Monday.

Analysts at Keefe Bruyette & Woods downgraded Heartland Payment Systems, Inc. (NYSE: HPY) from Outperform to Market Perform. The price target for Heartland Payment Systems is set to $70. Heartland Payment Systems shares closed at $64.68 on Monday.

Analysts at CIBC downgraded CBL & Associates Properties, Inc. (NYSE: CBL) from Sector Outperform to Sector Perform. CBL & Associates shares closed at $13.91 on Monday.

Latest Ratings for TDY

DateFirmActionFromTo
Jul 2020NeedhamMaintainsBuy
Jul 2020JefferiesUpgradesHoldBuy
Apr 2020NeedhamMaintainsBuy

View More Analyst Ratings for TDY
View the Latest Analyst Ratings

 

Related Articles (LRCX + TDY)

View Comments and Join the Discussion!

Posted-In: Top DowngradesDowngrades Analyst Ratings

Latest Ratings

StockFirmActionPT
LADCraig-HallumMaintains300.0
ZGTruist SecuritiesMaintains115.0
DDOGMizuhoMaintains116.0
DISMoffettNathansonMaintains136.0
AMAGPiper SandlerUpgrades
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.
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