Benzinga's Top Downgrades (LOPE, AMGN, LOGI, WPO)
Grand Canyon Education Inc (NASDAQ: LOPE) was downgraded by RW Baird from "outperform" to "neutral." LOPE's shares closed at $19.34 yesterday. Grand Canyon Education's 52-week trading range is $15.33-$28.46.
Leerink downgraded Amgen Inc (NASDAQ: AMGN) from "outperform" to "market perform." AMGN's stock closed at $57.30 yesterday. Amgen's quarterly earnings dropped 5.26% y/y.
Citigroup downgraded Logitech International SA (NASDAQ: LOGI) from "hold" to "sell.” LOGI's shares closed at $19.05 yesterday. Logitech's earnings are likely to fall by 38.10% this year.
Washington Post Company (NYSE: WPO) was downgraded by UBS from "buy" to "neutral.”WPO's shares closed at $387.30 yesterday. Washington Post's earnings have dipped 22.33% in the past five years.
