Benzinga's Top Downgrades
Analysts at Robert W. Baird downgraded Fortinet Inc (NASDAQ: FTNT) from “outperform” to “neutral.” FTNT's shares closed at $25.60 yesterday. Fortinet's trailing-twelve-month ROA is 8.80%.
Analysts at Sterne Agee downgraded Ingersoll Rand Plc (NYSE: IR) from “buy” to “neutral.” IR's shares closed at $34.18 yesterday. Ingersoll Rand's trailing-twelve-month profit margin is 2.08%.
Credit Suisse downgraded Tesoro Corporation (NYSE: TSO) from “outperform” to “neutral.” TSO's shares closed at $24.83 yesterday. Tesoro's trailing-twelve-month operating margin is 4.64%.
Analysts at Piper Jaffray downgraded Alliance Data Systems Corp (NYSE: ADS) from “overweight” to “neutral.” ADS' shares closed at $104.98 yesterday. Alliance Data Systems' trailing-twelve-month ROA is 5.71%.
