SAIC (SAI) was downgraded by JP Morgan (NYSE:JPM) to neutral from overweight with a price target of $12 as the firm believes the stock price is fully valued, given that the company has outperformed peers by 13% this year.
Shares are lower by about 4.5 percent.
Vivus (NASDAQ:VVUS) had its estimates and price target reduced by JMP (NYSE:JMP) due to lower sales of Qsymia. An outperform rating was issued with a price target of $30.
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