Benzinga's Top Downgrades (PNY, OCLR, RIMM, UA)
Piedmont Natural Gas Company Inc (NYSE: PNY) was downgraded by RW Baird from "outperform" to "neutral." PNY's stock closed at $29.49 on Friday. Piedmont Natural Gas's PEG ratio is 4.73.
Oclaro Inc (NASDAQ: OCLR) was downgraded by Auriga from "buy" to “hold." OCLR's shares closed at $12.65 on Friday. Oclaro's trailing-twelve-month profit margin is 2.03%.
Exane BNP Paribas downgraded Research In Motion Limited (NASDAQ: RIMM) from "outperform" to "neutral." RIMM's shares closed at $62.15 on Friday. Research In Motion's trailing-twelve-month profit margin is 17.22%.
Under Armour Inc (NYSE: UA) was downgraded by UBS from "buy" to "neutral." UA's shares closed at $60.01 on Friday. Under Armour's PEG ratio is 2.30.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We're Loving
