This morning, Goldman Sachs downgraded shares of Carefusion (NYSE:CFN) from buy to neutral as capital expenditures are expected to rise in the near term. The firm expects these expenses to impact earnings, prompting the downgrade today.
Shares of CFN were higher despite the downgrade, picking up 1.2% so far today.
And Barclays reduced its price target on shares of Allegiant Travel (NASDAQ:ALGT) from $61 down to $59 as outlook uncertainty has the firm taking a more cautious approach. In the report, however, Barclays still sees value at these prices and maintains its overweight rating.
Shares of Allegiant were modestly higher, despite the report, picking up 0.2% as the markets continue to climb.
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