Market Overview

Stocks Hitting 52-Week Lows

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  • Deutsche Bank AG (USA) (NYSE: DB) shares fell 7.61 percent to touch a new 52-week low of $13.60. JPMorgan downgraded Deutsche Bank from Overweight to Neutral.

Credit Suisse Group AG (ADR) (NYSE: CS) shares declined 9.47 percent to touch a new 52-week low of $10.42. JP Morgan downgraded Credit Suisse from Neutral to Underweight, while reducing the price target from SF15 to SF11.

  • Barclays PLC (ADR) (NYSE: BCS) shares reached a new 52-week low of $6.93. BofA/Merrill Lynch downgraded Barclays from Buy to Neutral, while JP Morgan also downgraded the stock to Neutral.
  • BT Group plc (ADR) (NYSE: BT) shares touched a new 52-week low of $24.42. Credit Suisse downgraded BT Group to Neutral.

Posted-In: 52-Week LowsNews Movers & Shakers Intraday Update Markets

 

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