Benzinga’s Top Downgrades (BOH, WX, EJ, MMSI, NFLX)
Bank of Hawaii Corporation (NYSE: BOH) was downgraded by Credit Suisse from “outperform” to “neutral.” BOH closed at $52.83 yesterday. Bank of Hawaii is expected to deliver 24.77% earnings growth for the current year.
Goldman downgraded WuXi PharmaTech Inc (NYSE: WX) from “buy” to “neutral.” WX’s shares closed at $18.81 yesterday. WuXi’s 52-week trading range is $5.39-$20.13.
Goldman downgraded E-House (China) Holdings Limited (NYSE: EJ) from “buy” to “neutral.” EJ’s stock closed at $14.57 yesterday. E-House’s shares lost 28.08% over the past month.
Merit Medical Systems Inc (NASDAQ: MMSI) has been downgraded by Susquehanna from “positive” to “neutral.” MMSI closed at $16.16 yesterday. Merit’s quarterly earnings grew by -6.02% sequentially.
Netflix Inc (NASDAQ: NFLX) has been downgraded by Merriman from “buy” to “neutral.” NFLX’ shares closed at $110.01 yesterday. The 52-week trading range of Netflix is at $36.25-$109.70.
