This morning, Jefferies reduced its price target on shares of Energizer (ENR) to $95 as the stock lacks a near-term catalyst to push it higher from here. In the report, Jefferies maintained its hold rating. Shares of Energizer were lower by 1.9% following the report.
Mizuho downgraded shares of EMC (EMC) from buy to neutral citing deteriorating fundamentals in the storage device sector. In the report, Mizuho set a $27 price target. Shares of EMC were relatively flat on Thursday, trading just north of $24.60 today.
And Robert Baird downgraded shares of Citrix Systems (CTXS) from outperform to neutral as slower growth and increasing competition are concerning. In the report, Robert Baird set a $64 price target. Shares of Citrix were lower on the news, falling 8.4% today.
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