Downgrades: BPI, DRQ, GLCH, PRX, RAX

RAXNew York, August 8th  (TradersHuddle.com) – Following are some of the analysts’ downgrades before the market open.

 

Bridgepoint Education (NYSE: BPI) was downgraded to a Neutral from Buy at Citigroup.

 

Dril-Quip (NYSE: DRQ) was downgraded to Underperform from Buy at Bank of America Merrill.

 

Gleacher & Company (NASDAQ: GLCH) was downgraded to Market Perform from Outperform at Keefe Bruyette.

 

Par Pharmaceutical Companies (NYSE: PRX) was downgraded to a Neutral from Buy at UBS.

 

Rackspace (NYSE: RAX) was upgraded to a Buy from Hold at Jefferies. The firm set its target price at $65.

 



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