Benzinga's Top Downgrades
Analysts at Mizuho downgraded Baxter International (NYSE: BAX) from “buy” to “neutral.” Baxter's shares closed at $66.84 yesterday. Baxter's trailing-twelve-month profit margin is 16.36%.
Analysts at Canaccord downgraded Cablevision Systems (NYSE: CVC) from “buy” to “hold.” Cablevision's shares closed at $14.02 yesterday. Cablevision's trailing-twelve-month ROA is 9.77%.
Analysts at RBC Capital downgraded McMoRan Exploration Co (NYSE: MMR) from “outperform” to “sector perform.” McMoRan Exploration's shares closed at $9.65 yesterday. McMoRan Exploration's PEG ratio is -4.48.
Bernstein downgraded Boston Scientific (NYSE: BSX) from “outperform” to “market perform.” Boston Scientific's shares closed at $5.66 yesterday. Boston Scientific's trailing-twelve-month ROE is -43.84%.
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