Benzinga's Top Downgrades
Analysts at Longbow downgraded Ferro (NYSE: FOE) from “neutral” to “underperform.” Ferro's shares closed at $3.63 yesterday. Ferro's trailing-twelve-month ROE is 1.78%.
Analysts at Credit Suisse downgraded Tyco International Ltd (NYSE: TYC) from “outperform” to “neutral.” Tyco's shares closed at $28.07 yesterday. Tyco's trailing-twelve-month profit margin is 7.35%.
Analysts at Piper Jaffray downgraded Zynga (NASDAQ: ZNGA) from “overweight” to “neutral.” Zynga's shares closed at $2.44 yesterday. Zynga's PEG ratio is 2.51.
Keefe Bruyette downgraded Ocwen Financial (NYSE: OCN) from “outperform” to “market perform.” Ocwen Financial's shares closed at $35.53 yesterday. Ocwen Financial's trailing-twelve-month ROA is 6.06%.
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