Benzinga's Top Downgrades
Analysts at Ascendiant Capital Markets downgraded Travelzoo (NYSE: TZOO) from “buy” to “neutral.” Travelzoo's shares closed at $20.02 on Friday.
Analysts at Citigroup downgraded Progressive (NYSE: PGR) from “neutral” to “sell.” Progressive's shares closed at $22.20 on Friday. Progressive's PEG ratio is 2.19.
Analysts at UBS downgraded FreightCar America (NASDAQ: RAIL) from “neutral” to “sell.” FreightCar America's shares closed at $18.33 on Friday. FreightCar America's trailing-twelve-month profit margin is 2.97%.
Oppenheimer downgraded Celgene (NASDAQ: CELG) from “outperform” to “perform.” Celgene's shares closed at $78.42 on Friday. Celgene's trailing-twelve-month ROA is 11.48%.
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