Benzinga's Top Downgrades
Analysts at William Blair downgraded Teavana Holdings (NYSE: TEA) from “outperform” to “market perform.” Teavana's shares closed at $15.45 yesterday. Teavana's trailing-twelve-month profit margin is 8.86%.
Analysts at Credit Suisse downgraded Paychex (NASDAQ: PAYX) from “outperform” to “neutral.” Paychex's shares closed at $31.55 yesterday. Paychex's trailing-twelve-month ROA is 10.07%.
Analysts at Goldman Sachs downgraded Cablevision Systems (NYSE: CVC) from “neutral” to “sell.” Cablevision's shares closed at $13.65 yesterday. Cablevision's PEG ratio is 3.90.
CIBC downgraded IAMGOLD (NYSE: IAG) from “sector outperformer” to “sector performer.” IAMGOLD's shares closed at $11.97 yesterday. IAMGOLD's trailing-twelve-month ROE is 11.74%.
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