Liquidity Services (NASDAQ:LQDT) was downgraded by Bank of America/Merrill Lynch (NYSE:BAC) to neutral with a price target of $46, as the company is producign at the lower end of expectations.
Shares are lower by about 10.7 percent.
Fleetcor (NYSE:FLT) was downgraded by Wells Fargo (NYSE:WFC) to market perform from outperform as the stock price has increased by about 54% this year, and may have gotten ahead of itself.
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