Benzinga’s Top Downgrades (ATHN, RTN, OCR, ZRAN)
Athenahealth Inc (NASDAQ: ATHN) was downgraded by Auriga from “buy” to “hold.” ATHN’s shares closed at $27 yesterday. Athenahealth’s quarterly earnings dipped 42.74% y/y.
Cowen downgraded Raytheon Company (NYSE: RTN) from "outperform" to "neutral." RTN’s shares closed at $49.64 yesterday. Raytheon's 52-week trading range is $43.63 - $59.63.
Credit Suisse downgraded Omnicare Inc (NYSE: OCR) from "outperform" to "neutral." OCR’s stock closed at $26.45 yesterday. Omnicare’s quarterly sales fell 1.16% y/y.
Zoran Corporation (NASDAQ: ZRAN) was downgraded by Needham from “buy” to “hold.” ZRAN’s shares closed at $9.77 yesterday. Zoran’s earnings dropped 31.82% over the past 5 years.







