Market Overview

Benzinga's Top Downgrades

Share:
Benzinga's Top Downgrades

Jefferies downgraded Hormel Foods Corp (NYSE: HRL) from Buy to Hold. The target price for Hormel Foods has been raised to $43. Hormel Foods shares closed at $44.43 on Tuesday.

Morgan Stanley downgraded Cintas Corporation (NASDAQ: CTAS) from Equal-weight to Underweight. The target price for Cintas has been lowered from $93 to $79. Cintas shares closed at $83.98 on Tuesday.

Analysts at Imperial Capital downgraded ADT Corp (NYSE: ADT) from Outperform to In-line. The target price for ADT has been raised from $40 to $42. ADT shares closed at $39.63 on Tuesday.

Analysts at Barclays downgraded Rackspace Hosting, Inc. (NYSE: RAX) from Overweight to Equal-weight. The target price for Rackspace Hosting has been lowered from $35 to $21. Rackspace Hosting shares closed at $18.18 on Tuesday.

Wedbush downgraded Genuine Parts Company (NYSE: GPC) from Outperform to Neutral. The target price for Genuine Parts has been lowered to $91. Genuine Parts shares closed at $89.61 on Tuesday.

Analysts at Stifel Nicolaus downgraded Peabody Energy Corporation (NYSE: BTU) from Buy to Neutral. Peabody Energy shares closed at $2.32 on Tuesday.

Analysts at JP Morgan downgraded Southern Copper Corp (NYSE: SCCO) from Overweight to Neutral. The target price for Southern Copper has been lowered to $28. Southern Copper shares closed at $26.40 on Tuesday.

Evercore ISI Group downgraded Cerner Corporation (NASDAQ: CERN) from Buy to Hold. The target price for Cerner has been lowered to $52. Cerner shares closed at $55.46 on Tuesday.

Analysts at Bank of America downgraded Martin Midstream Partners L.P. (NASDAQ: MMLP) from Buy to Underperform. Martin Midstream Partners shares closed at $15.48 on Tuesday.

Analysts at Topeka Capital downgraded Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) from Buy to Sell. Clear Channel Outdoor shares closed at $3.53 on Tuesday.

Latest Ratings for HRL

DateFirmActionFromTo
Oct 2019Initiates Coverage OnUnderperform
May 2019MaintainsNeutral
Apr 2019DowngradesNeutralUnderweight

View More Analyst Ratings for HRL
View the Latest Analyst Ratings

Posted-In: Top DowngradesDowngrades Analyst Ratings

 

Related Articles (BTU + ADT)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
TORCCantor FitzgeraldDowngrades3.0
CIDMCanaccord GenuityMaintains1.5
TDGCanaccord GenuityMaintains620.0
DLPNCanaccord GenuityMaintains1.6
WBCLSADowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
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.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
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

Long-Time Clear Channel Bull Drops Sell-Ax On Company, Calls For 40% Downside

Shopify Spikes 19% Following Better-Than-Expected Q4