Benzinga's Top Downgrades
Analysts at Janney Capital downgraded Finish Line (NASDAQ: FINL) from “buy” to “neutral.” Finish Line's shares closed at $17.46 on Friday. Finish Line's trailing-twelve-month ROE is 15.39%.
Analysts at Canaccord downgraded Cree (NASDAQ: CREE) from “buy” to “hold.” Cree's shares closed at $34.36 on Friday. Cree's PEG ratio is 2.00.
Analysts at Wells Fargo downgraded Ingersoll-Rand Plc (NYSE: IR) from “outperform” to “market perform.” Ingersoll-Rand's shares closed at $49.77 on Friday. Ingersoll-Rand's trailing-twelve-month profit margin is 7.29%.
RBC Capital downgraded ArcelorMittal (NYSE: MT) from “outperform” to “sector perform.” ArcelorMittal's shares closed at $17.77 on Friday. ArcelorMittal's trailing-twelve-month ROA is 1.83%.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.