Benzinga's Top Downgrades
Analysts at Piper Jaffray downgraded Lowe's Companies Inc (NYSE: LOW) from “overweight” to “neutral.” Lowe's Companies' shares closed at $25.60 yesterday. Lowe's Companies' trailing-twelve-month ROA is 6.99%.
Analysts at JMP Securities downgraded Cooper Industries plc (NYSE: CBE) from “outperform” to “market perform.” CBE's shares closed at $69.88 yesterday. Cooper Industries' trailing-twelve-month profit margin is 11.60%.
Wells Fargo downgraded Devon Energy Corporation (NYSE: DVN) from “outperform” to “market perform.” DVN's shares closed at $62.89 yesterday. Devon Energy's PEG ratio is 1.80.
Analysts at KeyBanc Capital downgraded Knight Transportation Inc (NYSE: KNX) from “buy” to “hold.” KNX's shares closed at $16.46 yesterday. Knight Transportation had $11.61 million in total cash for the latest quarter.
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