Benzinga's Top Downgrades

Analysts at Robert W. Baird downgraded Theravance Inc (NASDAQ:
THRX
) from “outperform” to “neutral.” THRX's shares closed at $23.51 yesterday. Theravance's trailing-twelve-month operating margin is -316.07%. Analysts at HSBC Securities downgraded Shanda Interactive Entertainment Ltd (NASDAQ:
SNDA
) from “neutral” to “underweight.” SNDA's shares closed at $41.19 yesterday. SNDA's PEG ratio is 1.59. Analysts at Ardour Capital downgraded Exide Technologies (NASDAQ:
XIDE
) from “buy” to “accumulate.” XIDE's stock closed at $7.35 yesterday. XIDE's trailing-twelve-month ROE is 22.63%. Sterne Agee downgraded Skyworks Solutions Inc (NASDAQ:
SWKS
) from “buy” to “neutral.” SWKS's shares closed at $24.92 yesterday. Skyworks' trailing-twelve-month ROA is 10.68%.
More Analyst Ratings here
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