This Centene Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Barclays analyst Amos Fletcher downgraded the rating for ArcelorMittal S.A. (NYSE:MT) from Overweight to Equal-Weight. ArcelorMittal shares closed at $33.14 on Tuesday. See how other analysts view this stock.
• Citigroup analyst Vikram Bagri downgraded Phillips 66 (NYSE:PSX) from Buy to Neutral but raised the price target from $126 to $130. Phillips 66 shares closed at $128.27 on Tuesday. See how other analysts view this stock.
• B of A Securities analyst Kevin Fischbeck downgraded the rating for Centene Corporation (NYSE:CNC) from Neutral to Underperform and lowered the price target from $52 to $30. Centene shares closed at $30.00 on Tuesday. See how other analysts view this stock.
• Stephens & Co. analyst Tommy Moll downgraded WESCO International, Inc. (NYSE:WCC) from Overweight to Equal-Weight and raised the price target from $190 to $200. WESCO Intl shares closed at $198.14 on Tuesday. See how other analysts view this stock.
• Goldman Sachs analyst Daniela Costa downgraded CNH Industrial N.V. (NYSE:CNH) from Buy to Neutral and cut the price target from $12.5 to $11.5. CNH Industrial shares closed at $13.12 on Tuesday. See how other analysts view this stock.

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