This morning, UBS downgraded shares of Deere (NYSE:DE) from neutral to sell as lower corn prices could impact the demand for farm equipment in the near term. In the report, UBS set a $72 price target. Shares of Deere were lower on Friday, falling 1.4%.
BMO downgraded shares of Onyx Pharmaceuticals (ONXX) from outperform to market perform as sales growth could be slowing. With the downgrade, BMO set a price target of $143. Shares of Onyx were lower today, falling 1.1%.
And UBS lowered its EPS estimates on shares of Agrium (NYSE:AGU) as pricing pressure will be an issue going forward. In the report, UBS set a $100 price target. Shares of Agrium were lower by 1.9% on the news today.
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