Benzinga's Top Downgrades

Analysts at JP Morgan downgraded Johnson Controls Inc (NYSE: JCI) from “overweight” to “neutral.” JCI's shares closed at $32.46 yesterday. Johnson Controls' trailing-twelve-month ROA is 4.48%.

Morgan Stanley downgraded Procter & Gamble Co (NYSE: PG) from “overweight” to “equal-weight.” PG's shares closed at $66.08 yesterday. Procter & Gamble's PEG ratio is 1.83.

Bank of America downgraded Lockheed Martin Corp (NYSE: LMT) from “neutral” to “underperform.” LMT's shares closed at $83.71 yesterday. Lockheed Martin's trailing-twelve-month profit margin is 6.32%.

Analysts at Citigroup downgraded BlackRock Inc (NYSE: BLK) from “buy” to “neutral.” BLK's shares closed at $187.54 yesterday. BlackRock's trailing-twelve-month ROE is 9.50%.