Stocks Hitting 52-Week Lows

NetApp Inc. NTAP shares reached a new 52-week low of $25.62. NetApp announced plans to acquire SolidFire for $870 million in cash. RBC Capital downgraded NetApp from Outperform to Sector Perform. Select Comfort Corp. SCSS shares touched a new 52-week low of $20.45. Piper Jaffray downgraded Select Comfort from Overweight to Neutral and lowered the price target to $22.00. Chipotle Mexican Grill, Inc. CMG shares fell 4.07 percent to reach a new 52-week low of $500.76. Analysts at JP Morgan downgraded Chipotle Mexican Grill from Overweight to Neutral. Steelcase Inc. SCS shares touched a new 52-week low of $14.70. Piper Jaffray downgraded Select Comfort from Overweight to Neutral and lowered the price target to $22.00.