Benzinga’s Top Downgrades (ADY, RBS, SWSI, ALV)
American Dairy Inc (NYSE: ADY) was downgraded by Roth Capital from “buy” to “hold.” ADY’s shares closed at $9.95 yesterday. American Dairy’s quarterly earnings dipped 83.91% y/y.
Credit Suisse downgraded Royal Bank of Scotland Group Plc (NYSE: RBS) from "outperform" to "neutral." RBS’ shares closed at $16.06 yesterday. Royal Bank of Scotland’s 52-week trading range is $9.07 - $19.03.
Macquarie downgraded Superior Well Services Inc (NASDAQ: SWSI) from "outperform" to "neutral." SWSI’s stock closed at $22.08 yesterday. Superior Well Services’ earnings are likely to fall by 307.55% this year.
Autoliv Inc (NYSE: ALV) was downgraded by Deutsche Bank from “buy” to “hold.” ALV’s shares closed at $59.20 yesterday. Autoliv’s earnings may fall by 94.82% this year.
