This morning, JP Morgan downgraded shares of Waste Management (WM) from neutral to underweight as volatile commodity prices could impact growth at the company in the near term. With downgrade, JP Morgan lowered its price target to $34 per share.
In morning trading, shares of Waste Management were lower, falling 2.9% so far.
And UBS lowered its price target on shares of Alpha Natural Resources (ANR) to $15 following lower production numbers from the company. With the lower price target, UBS maintained its buy rating.
Shares of ANR were higher despite the report, picking up 1.7% today.
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