Benzinga’s Top Downgrades (PKY, GME, ERTS, MSPD, APD)

Parkway Properties Inc (NYSE: PKY) was downgraded by Stifel Nicolaus from “hold” to “sell.” PKY’s stocks slipped 10.68% to $17.82 at 10:24 am after Parkway Properties was downgraded. While the company’s 52-week trading range is $8.46-$23.25, PKY’s trading range for today has so far been $17.60-$18.50.

Credit Suisse downgraded GameStop Corp (NYSE: GME) from “outperform” to “neutral.” GME’s shares had lost 4.32% to $18.84 by 10:34 am. GME's closing price in yesterday’s trading was $19.69.

Needham downgraded Electronic Arts Inc (NASDAQ: ERTS) from “buy” to “hold.” ERTS’ stock has slipped 8.66% to $15.98 at 10:38 am. The 52-week trading range for ERTS is $14.75-$23.76. Electronic Arts has lost 15.55% in the past six months.

Mindspeed Technologies Inc (NASDAQ: MSPD) has been downgraded by Brigantine from “buy” to “hold.” MSPD has lost 1.27% to $7.02 at 10:42 am. The 52-week trading range for MSPD is $0.75-$7.48. Mindspeed Technologies has soared 146.87% over the past six months.

Air Products & Chemicals Inc (NYSE: APD) has been downgraded by Citigroup from “buy” to “hold.” Citi has also lowered its price target on Air Products from $96 to $73 . APD has moved up 0.32% to $68.57 at 10:45 am. APD’s 52-week trading range is $43.44-$85.44. Air Products & Chemicals has lost 15.68% so far in the year.