Notable Downgrades: eBay Inc. (EBAY), Rio Tinto plc (RIO), Lululemon (LULU), Akamai Technologies (AKAM), 3D Systems (DDD)
October 16, 2014 at 10:31 AM EDT
Shares of eBay Inc. (EBAY) were downgraded to an ‘Underperform’ rating from ‘Buy’ by CLSA on Thursday. The firm also cut its 12-month base case estimate to $52 from $66. Separately, the name was also downgraded to ‘Sector Perform’ from ‘Outperform’ at RBC Capital and had its price target lowered to $60 from $63 at […] View the full post at: Notable Downgrades: eBay Inc. (EBAY), Rio Tinto plc (RIO), Lululemon (LULU), Akamai Technologies (AKAM), 3D Systems (DDD) Related posts: Moody’s Downgrades Buffett’s Berkshire Hathaway Fitch Downgrades Portugal on Budget Concerns California Couple Get Jail Time