Blue Chip Downgraded Stocks are AMB, RCRC, CREE, HOC, BRO

AMB Property Corp. (NYSE: AMB) was downgraded by Goldman Sachs from Neutral to Conviction Sell List and lowers their price target from $24 to $21. Shares of AMB are down 4.30% to $24.48..

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RC2 Corporation (NASDAQ: RCRC) was also downgraded by Baird from Outperform to Neutral and set a price target of $20. Shares of RCRC are down 5.68% to $17.76.

Cree, Inc. (Nasdaq: CREE) fell 0.24% to $66.53 after Credit Agricole downgraded their rating on the company’s share from Outperform to Underperform and lowered the price target by $15 to $70.

Holly Corp. (NYSE: HOC) was downgrades from Buy to Neutral by Goldman Sachs. Shares of HOC are down 2.64% to $25.10.

Brown & Brown (NYSE: BRO) rose 0.73% to $19.24 after JMS downgraded their rating on the company’s shares from Neutral to Buy.

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