Benzinga's Top Downgrades
CLSA downgraded Applied Materials (NASDAQ: AMAT) from “outperform” to “underperform.” Applied Materials' shares closed at $11.80 yesterday. Applied Materials' trailing-twelve-month ROE is 15.84%.
Analysts at Macquarie downgraded Abercrombie & Fitch Co (NYSE: ANF) from “neutral” to “underperform.” Abercrombie & Fitch's shares closed at $35.23 yesterday. Abercrombie & Fitch's trailing-twelve-month profit margin is 2.49%.
Analysts at Citigroup downgraded Staples (NASDAQ: SPLS) from “neutral” to “sell.” Staples' shares closed at $11.49 yesterday. Staples' trailing-twelve-month ROA is 7.49%.
Deutsche Bank downgraded Bally Technologies (NYSE: BYI) from “buy” to “hold.” Bally Technologies' shares closed at $44.57 yesterday. Bally Technologies' trailing-twelve-month operating margin is 21.74%.
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