Benzinga's Top Downgrades
Analysts at FBR Capital downgraded Concur Technologies Inc (NASDAQ: CNQR) from “outperform” to “market perform.” CNQR's shares closed at $53.92 on Friday. Concur Technologies' trailing-twelve-month ROE is -1.62%.
JP Morgan downgraded McMoRan Exploration Company (NYSE: MMR) from “overweight” to “underweight.” MMR's shares closed at $13.37 on Friday. McMoRan Exploration's PEG ratio is -4.24.
Morgan Stanley downgraded Sirius XM Radio Inc (NASDAQ: SIRI) from “overweight” to “equal-weight.” SIRI's shares closed at $2.10 on Friday. Sirius XM Radio's trailing-twelve-month ROA is 5.61%.
Analysts at Bank of America downgraded SunTrust Banks Inc (NYSE: STI) from “neutral” to “underperform.” STI's shares closed at $21.29 on Friday. SunTrust Banks' trailing-twelve-month ROE is 3.54%.
