This morning, Jefferies reduced its price target on shares of Westport Innovations (NASDAQ:WPRT) to $28 as order trends could decline in the near term. In the report, Jefferies also lowered its EPS estimates, but maintained its buy rating. Shares of Westport Innovations were lower by 2.9% on the news.
And Goldman Sachs downgraded shares of Carefusion (NYSE:CFN) from neutral to sell citing valuation. The stock is trading above the firm's $36 price target creating an unfavorable risk/reward profile for investors. Shares of Carefusion were lower by 3.1% on Tuesday.
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