Benzinga’s Top Downgrades (DIS, LTC, HCN, WFSL, FTE)
January 11, 2010 10:05 AM
The Walt Disney Company (NYSE: DIS) declined 0.88% to $31.60 in the pre-market after The Walt Disney was downgraded by Janney Mntgmy Scott to Neutral from Buy. The 52-week trading range for DIS is $15.14 - $32.75. In the last trading session, DIS closed at $31.88. In the last three months, DIS gained over 11%.
LTC Properties, Inc. (NYSE: LTC) fell 0.94% to $27.41 in the pre-market. LTC Properties was today downgraded by KeyBanc Capital Markets to Hold from Buy. In the last year, LTC Properties gained over 50%. The 52-week trading range for is $15.74 - $28.41.
Health Care REIT, Inc. (NYSE: HCN) decreased 0.68% to $43.77 after KeyBanc Capital Markets downgraded Health Care REIT to Hold from Buy. In the last six months, HCN declined by 28%. HCN closed at $44.07 in the previous trading session.
Washington Federal Inc. (NASDAQ: WFSL) moved up 1.24% to $21.25 despite being downgraded by FBR Capital to Market Perform from Outperform but price target increased to $22 from $20. The 52-week trading range for WFSL is $9.75 - $21.02. In the last year, WFSL gained 59%.
France Telecom SA (ADR) (NYSE: FTE) gained 0.28% to $25.24 in the pre-market despite being downgraded by Credit Suisse from Outperform to Neutral. In the last trading session, FTE closed at $25.17.The 52 week trading range for France Telecom is $20.92 - $28.00.
