Netflix (NASDAQ:NFLX) was downgraded today by at Wedbush Securities from neutral to underperform with a $45 price target. Content costs continue to increase, and will have a significant impact on the bottom line.
Shares are lower by nearly five percent.
Vulcan Materials (NYSE:VMC) was downgraded today by Goldman Sachs to sell with a $29 price target as the company could be faced with excess capacity of concrete and asphalt mix.
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