Benzinga's Top Downgrades

Analysts at Janney Montgomery Scott downgraded New York & Company Inc (NYSE: NWY) from “buy” to “neutral.” NWY's shares closed at $2.83 yesterday. NWY's trailing-twelve-month ROE is -1.95%.

HSBC Securities downgraded BHP Billiton Limited (NYSE: BHP) from “overweight” to “neutral.” BHP's shares closed at $72.64 yesterday. BHP's trailing-twelve-month ROA is 21.50%.

Analysts at Brean Murray downgraded Penn National Gaming Inc (NASDAQ: PENN) from “buy” to “hold.” PENN's shares closed at $37.13 yesterday. PENN's trailing-twelve-month profit margin is 0.87%.

Analysts at Kaufman Bros downgraded Aixtron SE (NASDAQ: AIXG) from “buy” to “hold.” AIXG's shares closed at $13.28 yesterday. Aixtron had $470.88 million in total cash for the recent quarter.