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Morning Movers: Downgrades, Downgrades Everywhere

Stocks look set for a lower open this morning as Floridaprepares for the arrival of Hurricane Irma and Mexicogets hit by a massive earthquake.

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S&P 500 futures have fallen 0.3%, while Dow Jones Industrial Average futures have dropped 0.3%. Nasdaq Composite futures have declined 0.2%.

Aflac (AFL) has dropped 2.6% to $79.52 after getting cut to Underperform from Neutral at BofAMerrill Lynch.

Chipotle Mexican Grill (CMG) has fallen 2.5% to $310 after getting downgraded to Underperform from Market Perform at Cowen.

Equifax (EFX) has tumbled 12% to $125.05 after a massive data breach .

PepsiCo (PEP) has slipped 0.6% to $116.35 after getting cut to Neutral from Outperform at Credit Suisse.

Range Resources (RRC) has dropped 2.8% to $17.81 after getting downgraded to Neutral from Buy at Goldman Sachs.

Synchrony Financial (SYF) has slumped 4.6% to $28.58 after getting cut to Equal Weight from Overweight at Morgan Stanley.

Kroger (KR) has slipped 4.7% to $21.70 after meeting earnings forecasts and reiterating its full-year guidance, but saying that it wouldn't provide guidance beyond one year anymore.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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