Notable Downgrades: AGCO Corporation (AGCO), SanDisk (SNDK), Alibaba Group (BABA), Bank of America (BAC)

Analysts at JP Morgan (JPM) downgraded AGCO Corporation (AGCO) from ‘Neutral‘ to ‘Underweight‘ in a research report issued to clients on Thursday. The target price for AGCO is lowered from $44 to $42. On valuation measures, AGCO Corp. stock it’s trading at a forward P/E multiple of 16.19x, and at a multiple of 11.07x this […] View the full post at: Notable Downgrades: AGCO Corporation (AGCO), SanDisk (SNDK), Alibaba Group (BABA), Bank of America (BAC) Related posts: Moody’s Downgrades Deutsche Bank to Aa3 Barclays Downgrades GE Unit Debt Strategic Capital Bank, Champaign, Illinois: 09′s Bank Failure #35