Benzinga's Top Downgrades
Analysts at Credit Suisse downgraded PG&E Corporation (NYSE: PCG) from “outperform” to “neutral.” PCG's shares closed at $40.01 yesterday. PG&E's trailing-twelve-month ROA is 2.73%.
Deutsche Bank downgraded Kellogg Company (NYSE: K) from “buy” to “hold.” Kellogg's shares closed at $49.08 yesterday. Kellogg's trailing-twelve-month profit margin is 9.59%.
Analysts at JP Morgan downgraded Computer Sciences Corp (NYSE: CSC) from “neutral” to “underweight.” CSC's shares closed at $27.90 yesterday. Computer Sciences' trailing-twelve-month operating margin is 5.96%.
Analysts at Goldman Sachs downgraded Concho Resources Inc (NYSE: CXO) from “buy” to “neutral.” CXO's shares closed at $95.17 yesterday. Concho Resources' trailing-twelve-month ROA is 12.18%.
