This morning, RBC downgraded shares of Intel (NASDAQ:INTC) from outperform to sector perform as headwinds from the PC sector could weigh on earnings. With the downgrade, RBC set a price target of $24 per share.
Intel shares were modestly lower on the news, falling 0.2% so far.
And Credit Suisse downgraded shares of Marathon Petroleum (NYSE:MPC) from outperform to neutral citing valuation. In the report, Credit Suisse maintained its $65 price target.
Shares of MPC were falling on Tuesday, off 2.6% so far.
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