This morning, Deutsche Bank downgraded shares of Kellogg (NYSE:K) from buy to hold as earnings visibility is limited for 2014. In the report, Deutsche Bank set a $65 price target. Shares of Kellogg were lower on Tuesday, falling 1.3% so far.
Wells Fargo downgraded shares of Halcon Resources (HK) from outperform to market perform following the company's disappointing production guidance. Shares of Halcon were lower on the news, falling more than 5% today.
And FBR initiated coverage on shares of News Corp. (NASDAQ:NWSA) with a market perform rating as the stock lacks any near term catalyst to propel it higher from here. In the report, FBR set a price target of $18.50. Shares of News Corp. were lower today, falling 0.8%.
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