Benzinga’s Top Downgrades (OMI, PCX, ARMH, PSO)
Owens & Minor Inc (NYSE: OMI) was downgraded by RW Baird from “outperform” to “neutral.” OMI’s shares closed at $27.08 yesterday. Owens & Minor’s 52-week trading range is $25.08 - $32.60.
BMO Capital downgraded Patriot Coal Corporation (NYSE: PCX) from "outperform" to "market perform." PCX’s shares closed at $12.40 yesterday. Patriot Coal’s quarterly earnings dipped 88.78% y/y.
Piper Jaffray downgraded ARM Holdings Plc (NASDAQ: ARMH) from "overweight" to "neutral." ARMH’s stock closed at $15.58 yesterday. ARM Holdings’ earnings may fell by 8.26% this year.
Pearson Plc (NYSE: PSO) was downgraded by RBS from “hold” to “sell.” PSO’s shares closed at $16.02 yesterday. Pearson’s 52-week trading range is $10.63 - $16.37.
See Some of the Top Moving Indexes Here.
