This morning, Citigroup lowered its EPS estimates on shares of Blackberry (NASDAQ:BBRY) following the company's pre-announcement of earnings last week. Citigroup noted that earning were much worse than expected, prompting a reduction of the price target as well to $7 per share. Shares of Blackberry were falling again today, off more than 6% so far.
Jefferies downgraded shares of Ulta Beauty (NASDAQ:ULTA) from buy to hold noting that most of the future upside is already priced into the stock. In the report, Jefferies set a $120 price target. Shares of Ulta Beauty were lower by 1.2% today.
And Keybanc lowered its price target on shares of Valspar (NYSE:VAL) to $79 as industrial demand remains weak. In the report, Keybanc reduced its EPS estimates, but maintained its buy rating. Shares of Valspar were lower by 1.3% on the news.
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