Notable Downgrades: Vertex Pharma (VRTX), Alibaba Group (BABA), Microsoft (MSFT), QUALCOMM (QCOM), Infosys Ltd. (INFY)

Shares of Vertex Pharmaceuticals Incorporated (VRTX) are down $7.67 to $113.60 in mid-day trading today after analysts at Needham issued a downgrade on the name. The stock was downgraded to ‘Hold’ from ‘Buy’ on valuation following earnings. Similarly, Maxim Group downgraded the stock from ‘Buy’ to ‘Hold’ and reduced its price target to $121 from […] View the full post at: Notable Downgrades: Vertex Pharma (VRTX), Alibaba Group (BABA), Microsoft (MSFT), QUALCOMM (QCOM), Infosys Ltd. (INFY) Related posts: Barclays Downgrades GE Unit Debt Moody’s Downgrades Greece’s Debt Rating to A2 Microsoft Loses Top Executive To Juniper