Benzinga's Top Downgrades
Jefferies downgraded Chiquita Brands International Inc (NYSE: CQB) from “buy” to “hold.” CQB's shares closed at $8.02 yesterday. Chiquita Brands' trailing-twelve-month profit margin is 1.81%.
Analysts at Goldman Sachs downgraded ACE Limited (NYSE: ACE) from “buy” to “neutral.” ACE's shares closed at $75.82 yesterday. ACE's trailing-twelve-month ROE is 9.46%.
UBS downgraded Marvell Technology Group Ltd (NASDAQ: MRVL) from “buy” to “neutral.” MRVL's shares closed at $13.90 yesterday. Marvell Technology's trailing-twelve-month ROA is 6.26%.
Raymond James downgraded Mercadolibre Inc (NASDAQ: MELI) from “outperform” to “market perform.” MELI's shares closed at $87.99 yesterday. Mercadolibre's PEG ratio is 1.38.
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