This morning, Morgan Stanley downgraded shares of Dean Foods (NYSE:DF) from overweight to equal weight as rising costs and softer volumes could impact earnings in 2014. In the report, Morgan Stanley set a $20 price target. Shares of Dean Foods were lower by 1.8% on Monday.
And Deutsche Bank downgraded shares of Noble Energy (NYSE:NBL) from buy to hold as commodity prices remain a concern into 2014. In the report, Deutsche Bank set a $75 price target. Shares of Noble Energy were lower by 2.4% following the report.
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