Benzinga's Top Downgrades (AAP, LEDS, MT, RCRC)
Advance Auto Parts Inc (NYSE: AAP) was downgraded by JP Morgan from "neutral" to "underweight." AAP's shares closed at $65.64 yesterday. AAP's trailing-twelve-month profit margin is 5.84%.
Canaccord downgraded SemiLEDS Corporation (NASDAQ: LEDS) from “buy” to “hold.” LEDS' stock closed at $11.41 yesterday. SemiLEDS' trailing-twelve-month revenue is $42.07 million.
Societe Generale downgraded ArcelorMittal (NYSE: MT) from “buy” to “hold.” MT's shares closed at $35.80 yesterday. ArcelorMittal's trailing-twelve-month ROE is 5.07%.
Analysts at BMO Capital downgraded RC2 Corporation (NASDAQ: RCRC) from “outperform” to “market perform.” RCRC's shares closed at $27.84 yesterday. RCRC's trailing-twelve-month profit margin is 6.95%.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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