This morning, Goldman Sachs downgraded shares of Nasdaq OMX Group (NASDAQ:NDAQ) from neutral to sell as the shift to lower margin products will impact earnings. With the downgrade, Goldman set a $28 price target. Shares of NDAQ were down about 2.3%.
Citigroup downgraded shares of Spirit Airlines (NYSE:SAVE) from buy to neutral as the stock could see downward pressure from its major shareholder exiting its position. In the report, Citigroup set a $37 price target. Shares of Spirit Airlines were down about 6.2%.
And UBS reduced its EPS estimates on shares of Anadarko Petroleum (APC) following the company's move to reduce its earnings guidance. In the report, UBS set a $105 price target. Shares of Anadarko were down about 1.3%.
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