Market Overview

Benzinga's Top Downgrades

Share:
Benzinga's Top Downgrades

 

  • Citigroup downgraded AT&T Inc. (NYSE: T) from Buy to Neutral. The price target for AT&T has been raised from $42 to $46. AT&T shares fell 0.84 percent to $42.74 in pre-market trading.
  • Analysts at Raymond James downgraded Bank of America Corp (NYSE: BAC) from Outperform to Market Perform. Bank of America shares gained 0.16 percent to $12.88 in pre-market trading.
  • UBS downgraded Depomed Inc (NASDAQ: DEPO) from Buy to Neutral. Depomed shares gained 3.79 percent to close at $20.55 on Wednesday.
  • Analysts at First Analysis downgraded Insperity Inc (NYSE: NSP) from Overweight to Equal Weight. Insperity shares rose 0.51 percent to close at $78.70 on Wednesday.
  • Morgan Stanley downgraded Red Hat Inc (NYSE: RHT) from Overweight to Equal Weight. Red Hat shares declined 0.86 percent to $71.56 in pre-market trading.
  • Analysts at Raymond James downgraded Wells Fargo & Co (NYSE: WFC) from Outperform to Market Perform. Wells Fargo shares dropped 0.21 percent to $46.55 in pre-market trading.
  • Analysts at Nomura downgraded M&T Bank Corporation (NYSE: MTB) from Buy to Neutral. The price target for M&T Bank has been lowered from $131 to $103. M&T Bank shares gained 0.49 percent to close at $113.42 on Wednesday.
  • Deutsche Bank downgraded First Solar, Inc. (NASDAQ: FSLR) from Buy to Hold. The price target for First Solar has been lowered from $80 to $44. First Solar shares fell 3.77 percent to $47.28 in pre-market trading.
  • Barclays downgraded The Western Union Company (NYSE: WU) from Equal-weight to Underweight. The price target for Western Union is set to $20. Western Union shares rose 0.26 percent to close at $19.18 on Wednesday.
  • Credit Suisse downgraded Knight Transportation (NYSE: KNX) from Outperform to Neutral. The price target for Knight Transportation has been lowered from $28 to $26. Knight Transportation shares gained 0.97 percent to close at $26.99 on Wednesday.

Latest Ratings for T

DateFirmActionFromTo
Nov 2019DowngradesNeutralSell
Nov 2019DowngradesBuyHold
Nov 2019MaintainsBuy

View More Analyst Ratings for T
View the Latest Analyst Ratings

Posted-In: Top DowngradesDowngrades Analyst Ratings

 

Related Articles (DEPO + BAC)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
TOLGoldman SachsInitiates Coverage On42.0
KBHGoldman SachsInitiates Coverage On36.0
YEXTSunTrust Robinson HumphreyMaintains28.0
LHCGSunTrust Robinson HumphreyMaintains160.0
DLRSunTrust Robinson HumphreyMaintains140.0
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

Morgan Stanley Downgrades Red Hat, Cites Valuation

First Solar Shares Tumble After Deutsche Bank Slashes Price Target By 45%