• Barclay’s (NYSE:BCS) lowered ratings on Colgate-Palmolive (NYSE:CL) from “equal weight” to “underweight,” cutting the price target from $80 to $68
  • Goldman Sachs (NYSE:GS) downgraded BlackRock (NYSE:BLK) from “Conviction Buy” to “Neutral,” setting a price target of $180
  • Deutsche Bank (NYSE:DB) lowered ratings for both Peabody Energy (NYSE:BTU) and Arcelor Mittal (NYSE:MT), from “buy” to “neutral.”
  • Chevron (NYSE:CVX) announced plans to resume quarterly share buybacks of up to $1 billion of its shares

 
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