This morning, Morgan Stanley downgraded shares of Dean Foods (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 (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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