This morning, Citigroup downgraded shares of Baxter (NYSE:BAX) from hold to sell as growth prospects could be challenging in this environment. With the downgrade, Citigroup set a price target of $41 per share.
Shares of Baxter were lower this morning, falling about 2.4% so far.
Ball (NYSE:BLL) saw its shares downgraded to neutral by Bank of America as the outlook for paper pricing remains uncertain. With the neutral rating, Bank of America has set a price target of $62.
Shares of Ball were modestly lower on Wednesday, off 0.3% on the news.
And Goldman Sachs downgraded shares of Dick's Sporting Goods (NYSE:DKS) from buy to neutral citing valuation. The stock has outpaced peers this year and has pushed up against the firm's $30 price target.
Shares of Dick's Sporting Goods were lower on the news, losing about 0.3% today.
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