Benzinga's Top Downgrades
Analysts at Morgan Stanley downgraded Xerox Corp (NYSE: XRX) from Overweight to Equal-weight. The target price for Xerox has been lowered from $13.50 to $12. Xerox shares closed at $9.75 on Friday.
Analysts at Credit Suisse downgraded Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) from Outperform to Neutral. The target price for Ollie's Bargain Outlet Holdings is set to $20. Ollie's Bargain Outlet Holdings shares closed at $22.35 on Friday.
Citigroup downgraded Axiall Corp (NYSE: AXLL) from Buy to Neutral. The target price for Axiall is set to $19. Axiall shares closed at $17.94 on Friday.
Cowen & Company downgraded Tiffany & Co. (NYSE: TIF) from Outperform to Market Perform. The target price for Tiffany has been lowered to $70. Tiffany shares closed at $63.84 on Friday.
Analysts at Canaccord Genuity downgraded Ashford Hospitality Prime Inc (NYSE: AHP) from Buy to Hold. The target price for Ashford Hospitality Prime has been lowered to $12. Ashford Hospitality Prime shares closed at $10.99 on Friday.
Analysts at BMO downgraded American International Group Inc (NYSE: AIG) from Outperform to Market Perform. American International shares closed at $56.45 on Friday.
JP Morgan downgraded Genuine Parts Company (NYSE: GPC) from Overweight to Neutral. Genuine Parts shares closed at $86.20 on Friday.
Bank of America downgraded Nokia Corporation (ADR) (NYSE: NOK) from Buy to Neutral. Nokia shares closed at $7.20 on Friday.
Analysts at Roth Capital downgraded Outerwall Inc (NASDAQ: OUTR) from Buy to Neutral. Outerwall shares closed at $33.80 on Friday.
Analysts at Mizuho Securities downgraded Equity Residential (NYSE: EQR) from Buy to Neutral. Equity Residential shares closed at $77.09 on Friday.
Latest Ratings for XRX
|Jan 2017||Morgan Stanley||Assumes||Underweight||Overweight|
|Jan 2017||Goldman Sachs||Upgrades||Neutral||Buy|
|Jan 2017||JP Morgan||Assumes||Neutral||Overweight|
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