Benzinga's Top Downgrades
Analysts at Deutsche Bank downgraded Cree (NASDAQ: CREE) from “buy” to “hold.” Cree's shares closed at $33.56 yesterday. Cree's trailing-twelve-month profit margin is 3.94%.
Analysts at JP Morgan downgraded TASER International (NASDAQ: TASR) from “overweight” to “neutral.” TASER International's shares closed at $9.02 yesterday. TASER International's trailing-twelve-month ROE is 5.89%.
Analysts at Oppenheimer downgraded Rockwell Collins (NYSE: COL) from “outperform” to “perform.” Rockwell Collins' shares closed at $56.53 yesterday. Rockwell Collins' PEG ratio is 1.42.
Jefferies downgraded Timken Co (NYSE: TKR) from “buy” to “hold.” Timken's shares closed at $46.23 yesterday. Timken's trailing-twelve-month ROA is 12.27%.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.