Benzinga’s Top Downgrades (BTE, FACT, LOPE)
March 12, 2010 8:55 AM
Baytex Energy Trust (USA) (NYSE: BTE) declined 0.06% to $33.63 in the pre-market session. Baytex Energy was downgraded today by Canaccord Adams to Hold from Buy and the price target set to $35. The 52-week trading range for BTE is $9.23 - $33.93. Baytex Energy closed at $33.65 in the previous trading session.
Facet Biotech Corporation (NASDAQ: FACT) fell 0.18% to $26.98 in the pre-market session. Facet Biotech was downgraded today by BMO Capital Markets to Market Perform from Outperform. In the last six months, FACT has gained over 65%. The 52-week trading range for FACT is $6.42 - $27.05.
Grand Canyon Education Inc (NASDAQ: LOPE) was downgraded today by Credit Suisse from Outperform to Neutral. Grand Canyon decreased 0.18% to $24.01 in the pre-market session. The 52-week trading range for LOPE is $12.74 - $24.18. In the last year, LOPE has gained over 85%.
