Benzinga's Top Downgrades (QLGC, BCSI, STT, GS)
QLogic Corporation (NASDAQ: QLGC) was downgraded by BMO Capital from "outperform" to "market perform." QLGC's shares closed at $17.92 yesterday. QLogic's PEG ratio is 1.08.
Blue Coat Systems Inc (NASDAQ: BCSI) was downgraded by BofA/Merrill from "neutral" to "underperform." BCSI's stock closed at $30.20 yesterday. Blue Coat Systems' trailing-twelve-month ROA is 6.81%.
Janney Capital downgraded State Street Corporation (NYSE: STT) from "buy" to "neutral." STT's shares closed at $48.00 yesterday. State Street's PEG ratio is 1.44.
Analysts at Ticonderoga downgrade Goldman Sachs Group Inc (NYSE: GS) from “buy” to “neutral.” GS' shares closed at $166.49 yesterday. Goldman Sachs' PEG ratio is 1.11.
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