American Eagle Outfitters (NYSE:AEO) was downgraded by BMO (NYSE:BMO) from outperform to market perform with a price target of $20, as few catalysts exist to drive the stock price higher in the near term.
Shares are lower by about 1.8 percent.
Frontier Communications (FTR) was downgraded by Goldman Sachs (NYSE:GS) to sell with a price target of $3.75 due to a deteriorating cost structure.
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