Benzinga's Top Downgrades
Analysts at Barclays downgraded AbbVie Inc (NYSE: ABBV) from Overweight to Equal-weight. The price target for AbbVie has been lowered from $73 to $72. AbbVie shares closed at $58.15 on Monday.
Credit Suisse downgraded Ericsson (ADR) (NASDAQ: ERIC) from Neutral to Underperform. Ericsson shares closed at $9.69 on Monday.
Analysts at Bank of America downgraded Joy Global Inc. (NYSE: JOY) from Neutral to Underperform. The price target for Joy Global is set to $10. Joy Global shares closed at $15.35 on Monday.
Analysts at William Blair downgraded Zumiez Inc. (NASDAQ: ZUMZ) from Outperform to Market Perform. Zumiez shares closed at $15.09 on Monday.
Stifel Nicolaus downgraded Goodrich Petroleum Corporation (NYSE: GDP) from Hold to Sell. Goodrich Petroleum shares closed at $0.399 on Monday.
RBC Capital downgraded Gold Fields Limited (ADR) (NYSE: GFI) from undefined to Sector Perform. Gold Fields shares closed at $2.54 on Monday.
SunTrust Robinson Humphrey downgraded Computer Sciences Corporation (NYSE: CSC) from Buy to Neutral. CSC shares closed at $31.33 on Monday.
Analysts at Bank of America downgraded Cummins Inc. (NYSE: CMI) from Buy to Underperform. The price target for Cummins is set to $90. Cummins shares closed at $100.37 on Monday.
Analysts at Citigroup downgraded Progressive Corp (NYSE: PGR) from Buy to Neutral. The price target for Progressive has been lowered from $36 to $32. Progressive shares closed at $30.84 on Monday.
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