Benzinga’s Top Downgrades (PAYX, NVO, TEVA, PVA, PRSC)
January 15, 2010 10:33 AM
Paychex, Inc. (NASDAQ: PAYX) declined 2.58% to $30.54 in the pre-market session after Paychex was downgraded by Janney Mntgmy Scott to Sell from Neutral. The 52-week trading range for PAYX is $20.31 - $32.88. Paychex closed at $31.35 in the previous trading session.
Novo Nordisk A/S (ADR) (NYSE: NVO) fell 2.97% to $66.93 in the pre-market session. Novo Nordisk A/S was downgraded today by Jefferies & Co to Hold from Buy. In the last six months, NVO gained over 27%. The 52-week trading range for NVO is $41.35 - $70.00. NVO closed at $68.98 in the last trading session.
Teva Pharmaceutical Industries Ltd (ADR) (NASDAQ: TEVA) decreased 0.49% to $58.73 in the pre-market session after Teva Pharmaceutical was downgraded today by Standpoint Research to Hold from Buy and the price target set to $70. In the last six months, TEVA gained over 19%. TEVA closed at $59.02 in the previous trading session. The 52-week trading range for TEVA is $41.05 -$59.62.
Penn Virginia Corporation (NYSE: PVA) moved down 1.97% to $24.39 after Penn Virginia was downgraded by Sun Trust Rbsn Humphrey to Neutral from Buy. The 52-week trading range for PVA is $7.22 - $26.32. In the last six months, PVA gained over 68%.
The Providence Service Corporation (NASDAQ: PRSC) declined 0.20% to $16.35 after The Providence Service was downgraded by Sun Trust Rbsn Humphrey from Buy to Neutral. In the last trading session, The Providence Service Corporation closed at $16.38. The 52-week trading range for PRSC is $1.33 - $16.87.
