Benzinga's Top Downgrades
Analysts at Deutsche Bank downgraded Xilinx Inc (NASDAQ: XLNX) from “buy” to “hold.” XLNX's shares closed at $35.30 yesterday. Xilinx's trailing-twelve-month ROA is 11.30%.
Jefferies & Company downgraded AutoNavi Holdings Ltd (NASDAQ: AMAP) from “buy” to “hold.” AMAP's shares closed at $11.62 yesterday. AutoNavi's trailing-twelve-month ROE is 15.71%.
Bank of America downgraded Covanta Holding Corporation (NYSE: CVA) from “buy” to “neutral.” CVA's shares closed at $14.08 yesterday. Covanta Holding's PEG ratio is 19.16.
Analysts at JP Morgan downgraded Air Products and Chemicals Inc (NYSE: APD) from “overweight” to “neutral.” APD's shares closed at $91.56 yesterday. Air Products and Chemicals' trailing-twelve-month profit margin is 12.14%.
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