Benzinga's Top Downgrades
Analysts at FBR Capital downgraded FirstEnergy Corporation (NYSE: FE) from “outperform” to “market perform.” FE's shares closed at $41.27 yesterday. FirstEnergy's trailing-twelve-month ROA is 3.78%.
HSBC Securities downgraded Siemens AG (NYSE: SI) from “overweight” to “neutral.” SI's shares closed at $96.53 yesterday. Siemens' trailing-twelve-month profit margin is 8.36%.
Dahlman Rose downgraded Potash Corp of Saskatchewan (NYSE: POT) from “hold” to “sell.” POT's shares closed at $44.43 yesterday. Potash's PEG ratio is 2.44.
Analysts at Sterne Agee downgraded Rubicon Technology Inc (NASDAQ: RBCN) from “neutral” to “underperform.” RBCN's shares closed at $12.07 yesterday. Rubicon Technology's trailing-twelve-month revenue is $144.17 million.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.