Benzinga's Top Downgrades
Analysts at Credit Suisse downgraded Pepco Holdings (NYSE: POM) from “outperform” to “neutral.” Pepco Holdings' shares closed at $19.42 yesterday. Pepco Holdings' trailing-twelve-month ROE is 6.02%.
Analysts at UBS downgraded J. C. Penney Company (NYSE: JCP) from “neutral” to “sell.” J. C. Penney's shares closed at $19.15 yesterday. J. C. Penney's PEG ratio is -0.49.
Analysts at JP Morgan downgraded 3M Company (NYSE: MMM) from “neutral” to “underweight.” 3M's shares closed at $96.89 yesterday. 3M's trailing-twelve-month profit margin is 14.89%.
Goldman Sachs downgraded Corning (NYSE: GLW)from “buy” to “neutral.” Corning's shares closed at $12.64 yesterday. Corning's trailing-twelve-month ROA is 3.06%.
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