Concur Technologies (NASDAQ:CNQR) was downgraded by Oppenheimer (NYSE:OPY) from perform to underperform as the firm believes that it will be a struggle for the company to meet organic growth expectations.
Shares are lower by about 1.7 percent.
Protective Life (NYSE:PL) was downgraded by Bank of America/Merrill Lynch (NYSE:BAC) from neutral to underperform with a price target of $34, as expectations for the deal with AXA are already priced in.
Shares are lower by about four tenths of a percent.
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