Benzinga’s Top Downgrades (HE, LGF, CEG, HES)
Hawaiian Electric Industries Inc (NYSE: HE) was downgraded by RW Baird from “outperform” to “neutral.” HE’s shares closed at $22.78 yesterday. Hawaiian Electric Industries’ earnings may fall by 14.88% this year.
Jefferies downgraded Lions Gate Entertainment Corp (NYSE: LGF) from “buy” to “hold.” LGF’s shares closed at $6.98 yesterday. Lions Gate Entertainment’s trailing-twelve-month ROE stands at -40.74%.
Barclays Capital downgraded Constellation Energy Group Inc (NYSE: CEG) from “overweight” to “equal weight.” CEG’s stock closed at $32.25 yesterday. Constellation Energy Group’s quarterly sales moved down 16.66%.
Hess Corp (NYSE: HES) was downgraded by Morgan Stanley from “overweight” to “equal weight.” HES’ shares closed at $50.34 yesterday. Hess’ earnings may tumble 68.66% this year.
