Notable Downgrades: eBay Inc. (EBAY), Rio Tinto plc (RIO), Lululemon (LULU), Akamai Technologies (AKAM), 3D Systems (DDD)

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