Notable Downgrades: Baxter International (BAX), Intel Corporation (INTC), Starbucks (SBUX)

Analysts at Credit Suisse (CS) downgraded Baxter International Inc. (BAX) from ‘Outperform‘ to ‘Neutral‘ in a research report issued to clients on Wednesday. The target price for BAX is lowered from $75 to $39. On valuation measures, Baxter Int’l Inc. stock it’s trading at a forward P/E multiple of 9.49x, and at a multiple of […] View the full post at: Notable Downgrades: Baxter International (BAX), Intel Corporation (INTC), Starbucks (SBUX) Related posts: Intel (INTC) Gets A Big European Fine Intel’s Nehalem Chips To Be Known As Intel Core i7 Intel to Sell $1.5 bln in Long Bonds