Benzinga's Top Downgrades
Analysts at Jefferies downgraded Johnson & Johnson (NYSE: JNJ) from “buy” to “hold.” Johnson & Johnson's shares closed at $69.87 on Friday. Johnson & Johnson's trailing-twelve-month profit margin is 12.90%.
Analysts at Credit Suisse downgraded J. C. Penney Company (NYSE: JCP) from “neutral” to “underperform.” J. C. Penney's shares closed at $20.64 on Friday. J. C. Penney's trailing-twelve-month ROE is -8.73%.
Analysts at Goldman Sachs downgraded Garmin Ltd (NASDAQ: GRMN) from “neutral” to “sell.” Garmin's shares closed at $37.01 on Friday. Garmin's trailing-twelve-month ROA is 9.42%.
JP Morgan downgraded Caterpillar (NYSE: CAT) from “overweight” to “neutral.” Caterpillar's shares closed at $84.95 on Friday. Caterpillar's PEG ratio is 0.66.
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