Benzinga's Top Downgrades (AZN, SM, TKC, MFE)
AstraZeneca Plc (NYSE: AZN) was downgraded by RBS from “outperform” to "neutral." AZN's shares closed at $52.02 yesterday. AstraZeneca's earnings are likely to dip 2.20% in the next five years.
Jefferies downgraded SM Energy Co (NYSE: SM) from "buy" to "hold." SM's shares closed at $37.53 yesterday. SM Energy's earnings may drop 214.99% this year.
Turkcell Iletisim Hizmetleri AS (NYSE: TKC) was downgraded by UBS from "neutral" to "sell." TKC's shares closed at $16.84 yesterday. TKC's earnings are likely to fall by 40.44% this year.
Analysts at Deutsche Bank downgraded McAfee Inc (NYSE: MFE) from "buy" to "hold." MFE's shares closed at $47.25 yesterday. McAfee's earnings have fallen 2.54% in the past five years.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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