Benzinga’s Top Downgrades (FSYS, AKAM, LGF, POR)
Fuel Systems Solutions Inc (NASDAQ: FSYS) was downgraded by Janney Montgomery from “buy” to “neutral.” FSYS’ shares closed at $28.00 on Friday. Fuel Systems Solutions’ earnings are likely to fall by 14.52% the next year.
Citigroup downgraded Akamai Technologies Inc (NASDAQ: AKAM) from “buy” to “hold.” AKAM’s shares closed at $44.30 on Friday. Akamai Technologies’ 52-week trading range is $15.86-$43.90.
BMO Capital Markets downgraded Lions Gate Entertainment Corp (NYSE: LGF) from “outperform” to “market perform.” LGF’s stock closed at $6.97 on Friday. Lions Gate Entertainment’s earnings dipped 18.89% over the past 5 years.
Portland General Electric Company (NYSE: POR) has been downgraded by Goldman from “buy” to “neutral.” POR’s closed at $18.69 on Friday. Portland General Electric’s quarterly earnings fell 24.06%.
