Benzinga's Top Downgrades
Analysts at Jefferies downgraded Autodesk (NASDAQ: ADSK) from “buy” to “hold.” Autodesk's shares closed at $31.57 yesterday. Autodesk's trailing-twelve-month ROE is 15.01%.
Analysts at Citigroup downgraded Devon Energy (NYSE: DVN) from “buy” to “neutral.” Devon Energy's shares closed at $55.41 yesterday. Devon Energy's trailing-twelve-month profit margin is 24.90%.
Analysts at Piper Jaffray downgraded Concur Technologies (NASDAQ: CNQR) from “neutral” to “underweight.” Concur's shares closed at $64.96 yesterday. Concur's trailing-twelve-month ROA is 0.74%.
HSBC downgraded Credit Suisse Group (NYSE: CS) from “overweight” to “neutral.” Credit Suisse's shares closed at $23.20 yesterday. Credit Suisse's PEG ratio is 1.00.
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