Benzinga’s Top Downgrades (FFIV, ADCT, PRGO, FHN)
F5 Networks Inc (NASDAQ: FFIV) was downgraded by Canaccord Adams from “buy” to “hold.” FFIV’s shares closed at $76.37 on Friday. F5 Networks’ 52-week trading range is $33.43-$79.21.
Auriga downgraded ADC Telecommunications (NASDAQ: ADCT) from “buy” to “hold.” ADCT’s shares closed at $12.52 on Friday. ADC Telecommunications’ earnings may tumble 1161.03% this year.
Goldman Sachs downgraded Perrigo Company (NASDAQ: PRGO) from “neutral” to “sell.” PRGO’s stock closed at $57.29 on Friday. Perrigo’s 52-week trading range is $25.76-$64.59.
First Horizon National Corporation (NYSE: FHN) was downgraded by Keefe Bruyette from “outperform” to “market perform.” FHN’s shares closed at $11.79 on Friday. First Horizon National’s earnings may fall by 42.50% this year.
