Goldman Sachs Downgrades Chicago Bridge & Iron To Sell

Analysts at Goldman Sachs downgraded Chicago Bridge & Iron Company N.V. CBI from Neutral to Sell. The price target for Chicago Bridge & Iron has been lowered from $61 to $46. Chicago Bridge & Iron shares have dropped 23.85% over the past 52 weeks, while the S&P 500 index has gained 14.48% in the same period. Chicago Bridge & Iron's shares rose 1.91% to close at $57.09 on Friday.